The bull-run in global stocks fuelled by cheap cash and reflation hopes will continue for at least another six months but a rise in bond yields as inflation expectations grow could throw a spanner in the works, Reuters polls found.
The world's largest asset manager BlackRock has cut its stance on government bonds, preferring equities in light of the COVID-19 vaccine rollout and potentially up to $2.8 trillion of additional U.S. fiscal spending this year.
By Reuters Staff
1 Min Read
PRAGUE, Feb 25 (Reuters) - Even as the Czech government is preparing tighter measures to tame the resurgent COVID-19 epidemic, a hard lockdown shutting larger industrial companies is not on the agenda, Industry Minister Karel Havlicek told Czech Radio on Thursday.
The government will meet later on Thursday to decide on the tougher restrictions.
Reporting by Robert Muller; Editing by Alison Williams
Lending to euro zone companies slowed last month as the flow of fresh credit came to a halt with the bloc back in recession and banks tightening access to credit, European Central Bank data showed on Thursday.