US yields at 4 per cent are no stretch: AFR

May 1, 2018

In his latest column for the AFR, Stephen Miller writes about the interesting year it’s been¬†thus far for the global economy and financial markets…which may get even more interesting between now and year-end. And that may make it more challenging for investors.

A strong US reporting season, which generally exceeded already elevated expectations, and a rosy growth prognosis from the IMF should have provided the US equity market with a bit of a fillip. However, the breaching of the psychologically important 3 percent level for US 10-year bond yields has elicited a bout of hand-wringing commentary.

To read the article, click here.

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