This week Real Vision’s Roger Hirst uses Refinitiv’s best-in-class data to review the relationship between bond yields and equity markets and the potential for higher yields to impact risk. So far, markets have taken higher yields in their stride. Will the Fed act before markets take flight or will higher US yields eventually encourage foreign investors back into the bond market, capping yields and providing a self-correcting mechanism? In the Chatter, we look at Yellen’s recent comments about the US dollar and review the recent history of US currency intervention.
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