BofA Survey Shows Risk Of Bond Yields Trims Investor Exuberance
· Business · Bloomberg, MarketWatch
Exuberance around risk assets is fading as investors worry about a chaotic rise in bond yields and the outcome of US midterm elections, according to a survey by Bank of America Corp. The survey indicates that market sentiment has cooled from previous highs as fixed-income volatility pressures equity valuations. Portfolio managers are shifting allocations to hedge against potential macroeconomic shocks. The exact timeline for policy adjustments by central banks remains under close observation.
Why it matters
Shifts in investor sentiment and rising bond yields can trigger capital outflows from emerging markets like India.
Read the original report — Bloomberg
Join us on Telegram
Breaking news the moment it lands. At 10,000 members we ship the Android app.