TSX ends down 0.3% at 21,788.48 * Bond yields climb on inflation surprise * Annual rate of CPI rises to 2.9% * Consumer discretionary falls 1.6% By Fergal Smith June 25 – Canada’s main stock index fell on Tuesday, giving back some of the previous day’s strong gains, as hotter-than-expected […]
bond yields
The S&P 500 topped 5,400 for the first time, with Wednesday marking the 20-month anniversary of the bull-market. A rally in Treasuries sent two-year yields down as much as 17 basis points as the US dollar dropped against all of its developed-world peers. Fed swaps now fully price in quarter-point […]
European equities fell for the second straight day, touching a three-week low, as accelerating inflation in Germany lifted bond yields and reinforced belief that central banks across the developed world will not be able to ease policy as much as earlier expected. The Stoxx Europe 600 dropped 1% as of […]
European equities fell for the second straight day, touching a three-week low, as accelerating inflation in Germany lifted bond yields and prompted traders to pare bets on central bank easing. The Stoxx Europe 600 dropped 1.1% at the close in London, its biggest one-day slide in over a month, with […]
In September 2023, JPMorgan had announced that it would include India in its emerging market bond index starting in June, where it will have a maximum weight of 10%. The firm estimates its emerging-market bond gauge currently has $216 billion of assets under management. Assuming an index-neutral position, the estimated […]