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Markets this week: PBOC decision, southbound flows, Treasury yields
Investor focus will remain on bond markets after yield on the benchmark 10-year Treasury note, jumped to a one year high of 1.36% last week amid worries this could dull the lure of riskier assets. “The acceleration in US 10-year Treasury yields to pre-pandemic levels is generating concerns about the risks to equities,” said Mathieu Savary, Vice President at BCA Research. “This is especially relevant given that real yields appear to be bottoming. While the Fed remains consistent in communicating its intention not to kill the recovery, its own actions are not the only ones that matter. The perception and actions ... (full story)
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- Posted: Feb 21, 2021 10:52pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 335
