British bond market turmoil is sign of sickness growing in markets, says leading strategist

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 97%

United States News News

United States United States Latest News,United States United States Headlines

Nomura strategist: British bond market turmoil is sign of sickness growing in markets

Nomura’s Charlie McElligott says as leading policymakers head to Washington for the International Monetary Fund/World Bank meetings, the rest of the world is dealing with a dollar DXYsurge that is exporting inflation to everyone else, forcing their own policy tightening into recession feedback loop.

The price of the 30-year inflation-adjusted gilt plummeted 17% in value on Monday, according to FactSet data. McElligott said the core issue is that penson funds globally have been shifting assets to alternative buckets, such as private equity and venture capital.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

The sickness is GREED! How many steaks is 1 person going to eat at dinner? Stop feeding into the sickness

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Swathi Bonda joins Lendlease as Senior Vice President - San Francisco Business TimesShe will lead development of Hayes Point at Market and Van Ness streets.
Source: SFBusinessTimes - 🏆 78. / 68 Read more »

Bitcoin's Calm Amid Soaring Bond Market Volatility Points to 'HODLer'-Dominated Crypto MarketBitcoin's 90-day realized volatility has dropped to lowest since December 2020, defying long-standing criticism that cryptocurrencies are more volatile than traditional market assets. godbole17 $TSUKA remains unfazed by bond market volatility as most short-term macro investors exited the market early this year. 👀🐉🔥 JoinTheSangha LFG godbole17 🚀Thankss a millon godbole17 $tsuka has proven to be the ONLY hedge against inflation and crypto in general, since its inception on may 26th this year it's hovering above 100M mcap right now
Source: CoinDesk - 🏆 291. / 63 Read more »

Jamie Dimon says UK government deserves benefit of the doubt after sparking market turmoilNew governments should be 'given the benefit of the doubt,' JPMorgan CEO Jamie Dimon told CNBC while discussing the U.K. economy. LOL, your kidding.... Dimon is getting old and needs to shut up! Can we stop quoting this one old white guy and find ANYONE else who has an opinion? Hard to listen to self-serving billionaires
Source: CNBC - 🏆 12. / 72 Read more »

Bank of England expands bond market intervention in effort to quell volatilityThe Bank of England on Tuesday announced an expansion of its emergency bond buying operation as it looks to restore order to the country's chaotic bond market. No alternative volatility quellloooorrrr
Source: CNBC - 🏆 12. / 72 Read more »