Citibank: Global short-term bond yields may rise or slow down.
Citigroup Investment Research released a research report stating that the momentum of global short-term bond yield increases may be losing steam, or at least taking a temporary pause. Citigroup analysts said that there are currently some unfavorable background factors for bonds, including the first trade agreement between the United States and the United Kingdom, the divergent voting results at the Bank of England meeting last week, and the patient approach of the Federal Reserve. Significant progress has also been made in major country trade negotiations, with US Treasury Secretary Yellen describing the negotiations as "productive".
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