Tech firms» balance sheet cash potentially offers
some cushion against rising rates and the sector could stand to benefit from any repatriation of cash held overseas should US tax reforms incentivise doing so.
Elevated valuations keep us cautious in fixed income, as tightening credit spreads offer little
cushion against rising rates in many parts of the market.
Not exact matches
To boot, short - term yields now provide a thicker
cushion against further
rate rises than longer maturities.
To boot, short - term yields now provide a thicker
cushion against further
rate rises than longer maturities.
Extra payments now might also serve as a
cushion against future increases in mortgage payments if interest
rates rise.