Bond Bets Ramp Up on Trump's Tax Bill & UK Inflation comes in Hot
The Opening Trade has everything you need to know as markets open across Europe. With analysis you won't find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards, Guy Johnson and Kriti Gupta. UK bonds fell and the pound gained after data showed UK inflation rose more than expected in April, leading traders to pare bets on further interest-rate cuts from the Bank of England. In the US Traders are betting that long-term Treasury yields will surge due to concerns over the US government's debt and deficits, fueled by President Donald Trump's tax-cut bill. And we cross to the Qatar Economic Forum. Powered by Bloomberg. (Source: Bloomberg)
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