Long yields fall and UK curve flattens after ‘dovish’ BoE rate hike
Last week, we saw government bond yields fall around the globe.
US short-horizon risk at 35-year low
Once a week, we publish a summary of the Equity Risk Monitor report from the prior week, using Axioma’s risk models and analytic tools to transform data into information.
European yields and euro depressed by dovish ECB
Last week, we once again saw US Treasury yields rise sharply, hitting their highest levels since the second Fed rate hike in mid-March.
Pound recovers on Brexit silver lining, as yields and dollar fall
Last week, we saw US government bonds outperform their European rivals. The 10-year Treasury yield ended the week 9 basis points lower, after bond investors revised their inflation and rate hike expectations downwards.