Markets continue to fall and trailing yields continue to rise. The inverse relationship, in theory, presents yield-hungry investors with enhanced opportunity. The challenge, as always, is whether to believe that what’s rising in the rear-view mirror will translate to hard cash in your account.
Daily Archives: December 20, 2022
Macro Briefing: 20 December 2022
* Putin visits Belarus, raising concern of new front in Ukraine war
* China appears to be facing surging Covid cases
* US worried that new China Covid outbreak will spawn new virus mutations
* Bank of Japan widens 10-year government bond yield range
* Global oil market remains tight: Saudi Aramco, world’s largest oil producer
* Meta may face $12 billion in new fines from European Union
* US homebuilder sentiment continues falling in December:
