ECB’s Vujcic: Rising Global Bond Yields Not a Stability Threat

TREE NEWS reports: European Central Bank Vice President Boris Vujcic said global bond yields have climbed to their highest levels since before the financial crisis, driven by inflation and interest-rate expectations and heavy government and tech-company borrowing demand, but this does not constitute a stability threat. He said market bets on further ECB hikes are mainly driven by energy prices, adding that policymakers weigh broader data and standards rather than energy prices alone when setting monetary policy.