Data on the US economy last week showed that an annual growth rate (2021) is expected at 6.8% of GDP. At the same time, business profits for Q12021 are expected to increase by close to 36%. Continued price growth in stocks and commodities continues. This idyllically beautiful and optimistic image can be destroyed by the …
Tag: bond yield
Bond Yields Rise: Sign of Expected Growth or Cost Inflation
US President Joe Biden’s fiscal intervention to be used to support the US economy, which is approaching three times the productive gap in the US economy, has caused strong turbulence in fixed income markets, triggering a percentage boost in government bond yields on both sides of the Atlantic Ocean. by Thanos S. Chonthrogiannis ©The law …