DAX 30 Forecast: Bond Yields Drive the Market as Investors Rebalance Their Portfolios
DAX 30 Forecast: Bond Yields Drive the Market as Investors Rebalance Their Portfolios Key Talking Points: Bond yields continue to rise as investors move away from longer-dated bonds to adjust their portfolio duration Sellers continue to attempt to bring the DAX 30 lower, but strong support halts the culmination of the H&S pattern It’s been a busy week behind the scenes in global markets with the bond market being at the center of it. As a quick recap, here is what has happened so far. We started off the week with Christine Lagarde stating that the ECB was monitoring longer-dated bonds, whi...
Source: dailyfx.com