The risk is that the 2yr UST yield consolidates at around 5%, warns JPMorgan
“Most of this increase in the 2-year UST yield between January and the beginning of April was largely ignored by equity and credit investors in a similar fashion to May-July 2023,” write a team of strategists led by Nikolaos Panigirtzoglou
“The risk is that the 2yr UST yield consolidates at around 5%, the ‘high for long’ narrative of last August-October, which at the time had triggered fears of eventual hard landing and had hit risk assets, is repeated going forward,” they say.
MarketWatch 18 April 2024
A repeat of last August’s stock selloff may be unavoidable, warns JPMorgan - MarketWatch
Risken för att en ränteuppgång i USA skulle påverka svenska räntor är förstås minimal
De flesta ekonomer väntar sig fortfarande en räntesänkning i maj, följt av två eller tre sänkningar innan årsskiftet.
Felicia Åkerman DI 8 april 2024, 08:59
https://englundmacro.blogspot.com/2024/04/borsen-18-april-2024.html
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