Mizuho International
July 7, 2026
Multi-Asset Strategy Daily
Daily UpdateCommoditiesEquitiesRates Govt BondsEnergyFinancials
The report highlights upward pressure on UST yields driven by resilient economic data and geopolitical risks in the Middle East. It also covers supply concerns in the Eurozone and the upcoming BoE Financial Stability Review.
Key Takeaways
- 1.UST yields are rising due to resilient economic data, supply concerns, and geopolitical tensions in the Middle East.
- 2.European government bond markets remain pressured by fiscal narratives and persistent energy-route uncertainty.
- 3.The Bank of England's upcoming Financial Stability Review is the main focus for GBP and Gilt markets.
Table of Contents
- USD
- EUR
- GBP
- JPY
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Authors
Evelyne Gomez
Securities
10Y US Treasury Note30Y US Treasury BondBrent Crude10Y Bund
Themes
Central bank policy normalizationFiscal supply/refundingGeopolitical risk premium
Regions
GlobalEuropeAsia PacificUnited StatesGermanyIran
