NewsFeeder
03-31-2019, 09:40 PM
Bond yield curveball stalls global stocks rally
This year's roaring rally in world equities ran into sand by the end of the quarter, with warning signs from bond markets, U-turns from central banks and persistent trade worries scattering consensus about what happens over the rest of 2019. The pan-European STOXX 600 index has climbed 12.2 percent in the first three months of the year, its best quarter in four years, while the S&P 500 is on track for its biggest quarterly gain in nearly a decade. A bounceback was expected after the historic rout in late 2018, but few investors predicted the size of the rebound or the scale of the about-turn by European and U.S. central banks on interest rates that helped fuel it.
https://finance.yahoo.com/news/bond-yield-curveball-stalls-global-023744275.html?.tsrc=rss
This year's roaring rally in world equities ran into sand by the end of the quarter, with warning signs from bond markets, U-turns from central banks and persistent trade worries scattering consensus about what happens over the rest of 2019. The pan-European STOXX 600 index has climbed 12.2 percent in the first three months of the year, its best quarter in four years, while the S&P 500 is on track for its biggest quarterly gain in nearly a decade. A bounceback was expected after the historic rout in late 2018, but few investors predicted the size of the rebound or the scale of the about-turn by European and U.S. central banks on interest rates that helped fuel it.
https://finance.yahoo.com/news/bond-yield-curveball-stalls-global-023744275.html?.tsrc=rss