Stocks flat as Treasury Yields rise

Stocks flat as Treasury Yields rise

Share on facebook
Share on twitter
Share on linkedin

Stocks in the UK and Europe have had a muted open this morning. On Monday, Andrew Bailey, Governor of the bank of England, said interest rates could rise before the end of the year due to pressure from inflation. However, ECB President Christine Lagarde and Jerome Powell, chairman of the US Fed, both indicated yesterday that recent price pressure would be temporary. Powell said inflationary pressures remain elevated and “will likely remain so in coming months” but then fade. Christine Legarde speaks today at the ECB Forum on Central Banking.

US Treasury Yields have risen sharply over the last few days as markets anticipate the Fed tapering its asset purchasing program. A number of Fed officials are giving speeches this week and may provide further clues as to the timeline.


Disclaimer:  ‘Where the business has expressed opinions, they are based on current market conditions, they may differ from those of other investment professionals and are subject to change without notice. The information contained within this communication is believed to be reliable but Realm Investment Management Limited does not warrant its completeness or accuracy. This communication is not intended as a recommendation to invest in any particular asset class, security or strategy. Regulatory requirements that require impartiality of investment/investment strategy recommendations are therefore not applicable nor are any prohibitions to trade before publication. The information provided is for illustrative purposes only, it should not be relied upon as recommendations to buy or sell investments.’

Download Our Free Brochure