Bond Bashing Resumes, Euro Cheers Macron-Le Pen Clash
Posted: Thu Apr 21, 2022 3:53 pm
LONDON—Bond markets suffered another sharp sell-off on Thursday as investors bet on aggressive global interest rate hikes, while the euro climbed after French President Emmanuel Macron bolstered his weekend re-election hopes in a heated TV debate. MSCI’s world stocks index mustered only a modest move amid the prospect of higher global borrowing costs, but Paris stocks skipped nearly 2 percent higher after Wednesday evening’s clash between Macron and right rival Marine Le Pen. Although Le Pen came across as more polished and composed than in a TV duel for the presidency in 2017, Macron needled her over her ties to Russia’s leadership, her plans for the economy, and her policy for the European Union. ...
Source: https://www.theepochtimes.com/bond-bash ... 18302.html
Source: https://www.theepochtimes.com/bond-bash ... 18302.html