Bond market swings are the wildest since '08

  • 📰 axios
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 63%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

The Fed announcement on rates could set off the next big move.

at a fast pace until inflation came under control, Reuters reports. These types of funds play in markets like currencies and government bonds, where prices are driven by big-picture economic issues.

But when the banking panic broke out, people instead rushed for the safety of government bonds, pushing rates — which move in the opposite direction of prices — sharply lower.That means those who had been betting on higher rates — and, therefore, lower prices — had to rush to buy bonds, supercharging the already big upward move in prices and downward dive in yields.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 302. in SE

Sverige Senaste nytt, Sverige Rubriker