Market Review for April

Thursday 16 May 2019

Since the beginning of the year, financial markets have been characterised on the one hand by a sharp rebound in risky assets. Equity indices jumped, with double-digit growth in the first quarter.

On the other hand, we saw a decline in Core sovereign bond yields. Investors have revised on the downside their expectations regarding inflation and central banks’ interest rates.German 10-year bond yields have dropped below zero for the first time since 2016. US 10-year bond yields are now around 2.5%

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