German inflation soared to 8.7% in May, as measured by the index of, from 7.8% in April. In Spain, the was up 8.5% in. May figures are due out Friday, but they could have less impact than usual because the Federal Reserve has already programmed in two half-point hikes for June and July. In the US, the Memorial Day holiday meant no trading on Monday and a shortened session on Friday. France’s debt agency last week innovated a green bond indexed to inflation. The 15-year bond debuted with a yield of minus 0.415% and raised €4 billion ($4.3 billion) in offers of more than €27 billion. The US 10-year . . .
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