Germany · Harmonized Index of Consumer Prices (YoY): 2.9, 10s +6bp · desk brief, Mon 31 Aug 2026
Treasuries (close 2026-08-28): 2s 4.34% (+14.0bp), 10s 4.73% (+6.0bp), 30s 5.22% (+3.0bp).
Tape (close 2026-08-28): VIX 14.43, 2s10s +39bp.
Narrative: Dow falls as US strikes Iran, rate-hike bets jump
What mattered:
• Germany · Harmonized Index of Consumer Prices (YoY): 2.9
• Treasury Secretary Hints Fed Won't Raise Rates Amid Supply Shock #shorts
• 10-Year Treasury Yield Breaks Out, Testing Bessent, Hitting Stocks
• Dow falls as US strikes Iran, rate-hike bets jump
• Benchmark 10-year Treasury yield exceeds 4.75% as U.S., Iran exchange attacks