FXStreet (Guatemala) – Rob Carnell, analyst at ING Bank noted and explained that Financial markets have been anticipating a rise in global bond yields.
Key Quotes:
“Financial markets have been anticipating a rise in global bond yields since the depths of the global financial crisis, but despite the recent reversals of rallies, the truth is that many government bond markets still yield very little compared to historical norms. And very few (with the possible exception of Greece) yield significantly more.”
“The mediocre macroeconomic backdrop is one factor, but ongoing QE experiments are another.”
“Some argue that this is all a bubble, and will end in tears, with a global bond market sell-off and stock market crash. The recent sell-off in the Bund market might be a taste of what is in store.”
(Market News Provided by FXstreet)