The stock price depreciation following the observation that the US early interest rate hike will start is paused, paying attention to tomorrow’s hearing
The US employment statistics last weekend were mixed. While the growth in non-farm payrolls was 199,000, well below market expectations of 450,000, the unemployment rate was 3.9%, a further drop from the previous 4.2%. Yields on 10-year US Treasury bonds have risen from around 1.72% to just before 1.80%. US stocks have been pushed down. […]
Observations of additional interest rate hikes by Bank of England from February to March next year will spread
An unexpected rate hike was announced at the British and Central Bank’s monetary policy meeting last week. In response to this, expectations for an additional rate hike next year are emerging in the current market. In the money market, the interest rate level in February is 0.405% and that in March is 0516%. It is […]