Not exact matches
NEW YORK, Jan 18 - U.S. fund investors pulled $ 3.1 billion from high -
yield «junk»
bonds during the latest week, Lipper data showed on Thursday, offering new warning signs about risk appetite despite
global markets»
continuing triumph.
In the meantime, gold
continues to find support from
global monetary policy and low to negative government
bond yields.
The pound fell 1 % after the announcement while
yields on United Kingdom government
bonds declined, aided in part by concerns expressed by the MPC that the uncertainty surrounding Brexit will
continue to weigh on domestic activity, which has slowed even as
global growth has accelerated.
The dollar's weakness should
continue in at least the very short term, as
bond yields keep on descending in the wake of QE2 and investors flock to non-dollar-denominated assets, says Marc Chandler,
global head of currency strategy at Brown Brothers Harriman, based in New York.
Chinese
bonds continue to attract attention from
global investors as they offer relatively higher
yields, what's more, Chinese
bonds also have historically demonstrated low correlations with
global markets.
Particularly in this
global low - to - negative interest rate environment, Asian
bonds are attractive, as the theme of
yield hunting
continues.
Nevertheless, Chinese
bonds continue to gain traction among
global investors as they offer higher
yields than the
bonds from other major markets.
US dollar
continues to grow strong against major
global currencies as
bond yields hit new high during yesterday's trading session.As US dollar index hit a 5 month