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(1) Higher US Yields Are Good for Equities (1 min read)
Given the continued rise in US yields we highlight the note I wrote last week on why equity investors should not fear rising bond yields. Looking back over the last two decades, I show that the norm is higher bond yields with higher equities.
(Bilal Hafeez│ 16th February, 2021)
What to do about the European Union’s fiscal rules (PIIE, 4 min read)
Measuring the Forest through the Trees: The Corporate Bond Market Distress Index (Liberty Street Economics, 5 min read)
Greening monetary policy (ECB Blog, 3 min read)
The pandemic and Greece’s debt: The day after (VoxEU, 3 min read)
(The commentary contained in the above article does not constitute an offer or a solicitation, or a recommendation to implement or liquidate an investment or to carry out any other transaction. It should not be used as a basis for any investment decision or other decision. Any investment decision should be based on appropriate professional advice specific to your needs.)