The Euroland bond market is pricing in interest rate rises, providing a buying opportunity for those...
The Euroland bond market is pricing in interest rate rises, providing a buying opportunity for those managers who do not see inflation as a problem over the next year Joe McKenna, investment manager, fixed interest at Britannia Asset Management, believes the markets are overdoing their expectations of short-term interest rate rises, which have had the knock-on effect of pushing up short bond yields On a 12 month view, he expects Euroland bond yields to be lower as the expectations for Euroland interest rate rises are revised down. McKenna says: "People thought the US economy would slow do...
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