Global bond yields dip in tactical rally; IMF sees resilient economy

Long-term interest rates fell globally at Tuesday's open before reversing higher intraday, with the German 10-year down 1bp to 3.46% and the Swedish equivalent at 3.17%. The dollar weakened modestly and oil prices declined, while the IMF's latest forecast points to a resilient global economy. The reversal suggests the move is a tactical rally rather than a sustained trend shift, with market focus on central bank policy and growth data.