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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