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Negative-yielding euro corporate debt has disappeared as euro yields reached an eight-year high. The ECB has opened the door to 2022 rate hikes, and the invasion of Ukraine has pushed borrowing costs higher for companies in the bloc.
Higher euro borrowing costs raise financing expenses for feed and food companies in the region, but the direct effect on grain and feed prices is small.
reuters.comYoruk BahceliApr 29, 2022After 1,108 past macro events, EURUSD moved a median -0.1% over 5 sessions (46% higher; middle half -0.7% to +0.6%), and -0.3% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
