European markets rallied yesterday after Wall Street’s gains since the start of the session, as sentiment was decisively affected by Friday’s data that sees the superpower continually create more and more jobs. These figures, however, reinforce the argument for aggressively raising dollar interest rates as the dollar fell yesterday, and with it government bond yields. In general, good mood was reflected in the dynamics of the pan-European Eurostoxx 600 index, which closed with an increase of about 1%, while the largest European stock markets closed with growth. The London FTSE 100 added 0.57%, the Frankfurt Xetra DAX closed up 0.84% ​​and the Paris CAC 40 closed up 0.80%. Meanwhile, the dollar fell 0.5 percent against a basket of six major currencies, losing some of the gains it made after Friday’s US job growth data.

Yields on government bonds in Germany, the US and the UK are falling.

At the same time, however, government bond yields fell, for example, 10-year US Treasuries, which fell five basis points, to 2.77%, and German 10-year Treasuries, which fell six basis points, to 0.90%. The yield on British 10-year bonds also fell 10 basis points to 1.95%. Meanwhile, oil prices also rose, with West Texas Intermediate trading at $89.92/bbl overnight, up more than 1%, and Brent at $94.95/bbl, broadly unchanged. . Finally, according to some financial analysts, cryptocurrencies are a kind of barometer of investors’ willingness to take risks, and they rose yesterday. The largest of them, bitcoin, registered a 4.3% increase to $24,194.