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The yield on the 2-year German bond rose by 2.6 basis points to 2.572%, trading in a range of 2.536%–2.582% during the day; the yield on the 30-year German bond increased by 4.1 basis points to 3.565%. The 2/10 year German bond yield spread widened by 1.353 basis points to +48.814 basis points.

One of the risks is that a loose financial environment may exacerbate inflation, especially in the United States, where AI spending, fiscal stimulus, and tight labor supply have already supported price levels.

According to Golden Ten Data on April 28, the union representing employees at the soon-to-be-closed Apple (AAPL.O) store in Towson, Maryland has filed a complaint with the United States National Labor Relations Board, accusing the company of illegally discriminating against employees at this location and refusing to allow them to easily transfer to other stores. In 2022, this store made history by becoming the first Apple retail location in the United States to form a union. Now, it has become one of three Apple stores to be closed. Apple has attributed the closure to “the withdrawal of several retailers and the worsening operational conditions of the shopping mall,” particularly the one where the Towson store is located. However, union representatives stated that Apple’s treatment of employees at the Towson store was harsher than in similar situations previously, making it more difficult for employees to continue working for the company.