cheap canada goose uk German inflation soared to its highest

Euro zone bonds on defensive as inflation hits 2 pct

LONDON, March 2 (Reuters) Germany benchmark 10 year bond yield rose to its highest level in just buy canada goose jacket over a week on Thursday after inflation in the Canada Goose online bloc hit 2 percent for the first time in four years last month, shooting past the European Central Bank inflation target. Federal Reserve will raise interest rates later this month.

Inflation in the 19 member buy canada goose jacket cheap euro area rose to 2 percent last Canada Goose Outlet month, from 1.8 percent in January, increasing pressure on the ECB, which targets inflation of below but close to 2 percent, to end canada goose store loose monetary policy.

Analysts said a pick up in headline inflation had been expected after strong country data in recent days, limiting a bigger selloff in bond markets for now. cheap canada goose uk German inflation soared to its highest level in canada goose four and a half canada goose uk black friday years in February, data on Wednesday showed.

Also, an Canada Goose Parka underlying measure of euro zone inflation held steady at 0.9 percent last month, suggesting that once the oil price surge passes through the numbers, inflation will fall back.

Still, the overall pick up canada goose factory sale in inflation does not bode well for bond markets and is canada goose coats on sale seen fuelling talk of a scaling back in ECB stimulus.

The ECB is scheduled to run its quantitative easing bond buying scheme until at least December and has pushed interest rates deep into negative territory to try to stimulate weak growth and hitherto stubbornly low inflation.

2 percent inflation could be important and Canada Goose Jackets there will be more pressure building on the ECB to taper, especially if the economy continues to grow, said KBC strategist Piet Lammens.

The ECB is scheduled to meet next on March 9.

German 10 year bond yields rose 4 basis points to 0.32 percent, adding to Wednesday 4 bps rise seen after policymakers linked website https://www.cagooseclearance.com Canada Goose Clearance suggested Canada Goose Coats On Sale the Fed was worried about waiting too long to raise rates in the face Canada Goose sale of looming canada goose black friday sale economic stimulus from Washington. two year Treasury yields hit their highest level in more than 7 1/2 years on Thursday on increasing expectations of a Fed rate hike this month.

In canada goose uk shop contrast, uk canada goose outlet sentiment canada goose coats towards battered French bonds improved further, narrowing cheap Canada Goose the gap canada goose clearance sale between 10 year yields in France and Germany to a fresh one month low around 58 bps.

French presidential election frontrunner Emmanuel Macron on Thursday unveiled his canada goose clearance manifesto, saying he would root out inequalities in Canada Goose Online France pension canada goose uk outlet system, sell government stakes in major firms and downsize parliament.

Macron, a former investment banker canadian goose jacket running as an independent centrist, is favourite to win the unpredictable race in a May run off against far right leader Marine Le Pen.

significant candidate, whether that Macron or (Francois) Fillon, that highlights they have a uk canada goose plan is likely to be viewed as positive by markets, said Rabobank strategist Matt Cairns.