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US Stocks At Near Record High, At A Time Bond Yield Is Rising
Published 2 weeks, 5 days ago
Description
Global equities closed the quarter near record highs, even with oil up 40% and the US 10-year Treasury yield above 5.2%. US PCE inflation came in cooler than expected at 3.4%, but rising oil is pulling yields up with it, and Australia is already hiking into 4% inflation. So is the bond market warning about something stock investors don't want to hear? We speak to Vishnu Varathan, Head of Economics & Strategy at Mizuho Bank.
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