加拿大10年期政府债券收益率高于3.87%，创下近六个月新高，追随美国国债走高，因为美国通胀和劳动力数据抵消了疲软的GDP增长，抑制了美联储降息的预期。尽管美国经济增长弱于预期，但核心PCE价格指数超过了预期，加上失业救济申请人数创下两个月新低，劳动力市场强劲，缓解了宽松借贷成本的压力。与此同时，加拿大消费者支出停滞不前，第一季度零售额没有增长，突显了经济减速。最近的数据还显示，3月份国内年通胀率为2.9%，低于预期，加拿大央行监测的核心通胀指标下降幅度超过预期，暗示潜在通胀将降低。这种情况可能会促使降息，支持加拿大政府债券，缓解美国国债的大幅抛售。

The yield on the Canadian 10-year government bond was above 3.87%, marking a near six-month high and tracking US Treasuries higher, as US inflation and labor data countered sluggish GDP growth, dampening expectations for Fed interest rate cuts. Despite weaker-than-expected US economic growth, the core PCE price index surpassed estimates, alongside a robust labor market indicated by jobless claims at a two-month low, eased pressure for accommodative borrowing costs. Meanwhile, stagnant consumer spending in Canada, as evidenced by no growth in Q1 retail sales, underscored economic deceleration. Recent data also showed domestic annual inflation at 2.9% in March, below expectations, with core inflation measures monitored by the Canadian central bank declining more than anticipated, hinting at expectations for lower underlying inflation. This scenario may prompt interest rate cuts, supporting Canadian government bonds and alleviating the sharper sell-off seen in US Treasuries.

房地美的数据显示，截至4月25日，30年期固定抵押贷款的平均利率飙升至7.17%，比前一周上升7个基点，达到11月以来的最高水平。这一增长与长期国债收益率的大幅上升相一致，人们越来越期待美联储采取更强硬的立场。去年同期，30年期固定抵押贷款的平均利率为6.43%。房地美首席经济学家Sam Khater表示：“抵押贷款利率本周继续上升。”。“尽管利率自年初以来攀升了0.5%以上，但购房需求仍然强劲。随着利率预计将在很长一段时间内保持高位，许多购房者正在适应，本周报告的新建房屋销售额大幅增长就是明证，这是自2022年12月以来的最大增幅。”

The average rate for a 30-year fixed mortgage surged to 7.17% as of April 25th, rising 7 basis points from the previous week to its highest level since November, according to data from Freddie Mac. This increase aligns with the sharp rise in long-dated Treasury yields amid growing expectations for a more hawkish stance from the Federal Reserve. In the same period last year, the average rate for a 30-year fixed mortgage was 6.43%. "Mortgage rates continued their ascent this week," stated Sam Khater, Freddie Mac’s Chief Economist. "Despite rates climbing more than half a percent since the start of the year, demand for home purchases remains robust. With rates expected to stay elevated for an extended period, many homebuyers are adapting, as evidenced by the significant increase in sales of newly built homes reported this week, marking the largest rise since December 2022."

在法兰克福，DAX指数周四下跌147点，跌幅0.81%。跌幅居前的是赛姆瑞（-4.05%）、赛多利斯（-3.75%）和费森尤斯医疗（-2.77%）。涨幅居前的是德意志银行（8.52%）、英飞凌（3.34%）和德国商业银行（1.59%）。

In Frankfurt, the DAX Index fell 147 points or 0.81 percent on Thursday. Leading the losses are Symrise (-4.05%), Sartorius (-3.75%) and Fresenius Medical Care (-2.77%). Top gainers were Deutsche Bank (8.52%), Infineon (3.34%) and Commerzbank (1.59%).

在巴黎，CAC 40指数周四下跌67点，跌幅0.83%。WorldLine（-6.42%）、Dassault Systemes（-4.24%）和LVMH（-2.77%）领跌。抵消跌幅，涨幅最大的是赛诺菲（4.47%）、Eurofins Scientific SE（1.16%）和法国巴黎银行（0.93%）。

In Paris, the CAC 40 Index dropped 67 points or 0.83 percent on Thursday. Losses were led by WorldLine (-6.42%), Dassault Systemes (-4.24%) and LVMH (-2.77%). Offsetting the fall, top gainers were Sanofi (4.47%), Eurofins Scientific SE (1.16%) and BNP Paribas (0.93%).