Credit Agricole sees moderate USD selling into month-end fix
The month ends on Feb 29
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The month ends on Feb 29
Complexity, capital calls, and illiquidity are among the challenges investors face to reap potential rewards.
Global equity markets have ended the year 2023 on a higher note. Major global equity benchmarks have given double-digit returns
Soaring U.S. Treasury yields are further boosting the appeal of bonds over stocks, deepening an already painful equity selloff while threatening to weigh on equity performance over the long term. Bond yields near historic lows bolstered the attractiveness of stocks over the past 15 years, when the U.S. Federal Reserve kept rates near zero to support the economy following the 2008 financial crisis. This year’s climb in Treasury yields is changing that calculus, as government bonds offer income that is viewed as risk-free to investors who hold them to term.
Jitters about a systemic banking crisis have begun to ease as recent data has shown less reliance on emergency lending facilities set up in the wake of March’s banking turmoil.