The surprise rise in the yen and the less surprising rise in the euro this year have removed Ms. Yellen’s international concerns about why she should not be hiking interest rates. Specifically, a dollar spike now seems least of our concerns… Our Chief Economist, Charles Dumas talks us through the domestic conditions in the US and Euro area and the risks of rising bond yields by next year. These issues will be further discussed in our upcoming LSR View, stay tuned!
The German 10-year Bund yield rises above 1% for the first time since September as the selloff in German sovereign debt continues. Our Chief Economist and Head of Research, Diana Choyleva explains the dynamics behind the bond market selloff and when we expect the first Fed rate hike. Click Read more where you'll be directed to watch the full video.