Market Comment | Sharp drop in core yields as investors flee risk assets
Published on Wednesday, January 2, 2019 | Updated on Thursday, January 3, 2019
Market Comment | Sharp drop in core yields as investors flee risk assets
Summary
Markets have started 2019 on the wrong foot, as doubts about China’s economy added to the already deteriorated environment in which the market ended 2018. The release of worse-than-expected confidence indices for China extended the risk-off mood in markets as it increased the odds of a potential global slowdown, triggering demand for safe-haven assets across the board.
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BBVA Research
BBVA Research
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