NewsFeeder
Headline News
- Reaction score
- 3
Global bonds and stocks lashed as easy-money policy is seen at the limit
[Reuters] - TOKYO/HONG KONG, Sept 12 (Reuters) - As bond yields across markets hit multi-month highs for a second session on Monday, global investors were harshly reminded that central banks may be out of both ammunition and ideas to stimulate economies - eight years after the global financial crisis provoked an unprecedented flood of central bank liquidity to keep markets afloat. Long-term Japanese bond yields hit their highest levels in six months on Monday as prices tanked and 10-year U.S. Treasury yields held near 2-1/2-month highs struck on Friday as the prospect of the Federal Reserve raising policy rates again suddenly looked liked it might actually happen. The European Central Bank's policy review last Thursday, more hawkish comments from the Fed on Friday, and simmering speculation the Bank of Japan is thinking of ways to steepen its yield curve have rudely confronted investors with what they may have quietly feared all year: Central banks are running out of stimulus options.
Global bonds and stocks lashed as easy-money policy is seen at the limit - Yahoo Finance
[Reuters] - TOKYO/HONG KONG, Sept 12 (Reuters) - As bond yields across markets hit multi-month highs for a second session on Monday, global investors were harshly reminded that central banks may be out of both ammunition and ideas to stimulate economies - eight years after the global financial crisis provoked an unprecedented flood of central bank liquidity to keep markets afloat. Long-term Japanese bond yields hit their highest levels in six months on Monday as prices tanked and 10-year U.S. Treasury yields held near 2-1/2-month highs struck on Friday as the prospect of the Federal Reserve raising policy rates again suddenly looked liked it might actually happen. The European Central Bank's policy review last Thursday, more hawkish comments from the Fed on Friday, and simmering speculation the Bank of Japan is thinking of ways to steepen its yield curve have rudely confronted investors with what they may have quietly feared all year: Central banks are running out of stimulus options.
Global bonds and stocks lashed as easy-money policy is seen at the limit - Yahoo Finance
