ANALYSIS: The jump in higher interest rates over the past few weeks has brought about concerns that asset prices may need to adjust down.
Andrew Bascand and Hamish PepperTue, 03 Oct 2023
In only six months, the global anchor for asset prices, the US 10-year Treasury yield has risen by more than 1.3 percentage points to 4.6%. The combination of better US economic data, a hawkish Federal Reserve and, more recently, higher oil prices have driven the long bond to above the early cycle
