News

3Novices:Central banks or markets – who’s more afraid of whom?

First came the sell-off. Now comes the postmortem.
The sharp increase in government bond yields since the end of last month stemming from the flurry of hawkish commentary from some of the leading central banks has investment strategists scratching their heads as to the precise reasons for the apparent shift in monetary policy and what it portends for global markets in the coming weeks and months.
The moves in benchmark borrowing costs have been dramatic. Yields on German and US 10-year bonds…
July 13, 2017 at 06:33AM http://ift.tt/2veqXUM
#3Novices #News #OnlineMedia #China 3Novices China

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