High Yield Inflation Rise Expected. The benchmark 20-year government bonds (SUN) yield touched the psychological level of 7%. Meanwhile, yield inversion occurred between FR0087 and FR0088, with yields at 6.38% and 6.26%, respectively. Market participants are keeping an eye on inflation for the November period, which was recorded at the highest level in 2021. In more detail, the Central Statistics Agency (BPS) recorded inflation in November 2021 at 0.37% MoM and 1.75% YoY. This increase in inflation has made investors expect more attractive yields at this time.
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