Published on Thursday, September 5, 2019 | Updated on Thursday, September 5, 2019

Market Comment | Sovereign bond yields rally

Summary

Risk-on mood in financial markets was prompted by the announcement that China and the U.S. will resume trade talks in Washington in early October and stronger-than-expected U.S. economic data.

Key points

  • Key points:
  • Global stocks climbed with cyclical sectors leading the path.
  • The sterling continued to strengthen.
  • Market expectations of a larger Fed rate cut of 50 bps lowered.

Geographies

Topics

Authors

Vitor Sun Zou

Documents and files


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Report (PDF)

MC_050919.pdf

English - September 5, 2019

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