The great tailwind of bonds is no longer blowing for the Stock Exchange
Los rendimientos de la deuda pública han subido a niveles que no se veían desde la crisis financiera
Investors are experiencing discomfort due to the ongoing blockage of the Strait of Ormuz. Long-term public debt yields in the US and the euro zone have risen to levels not seen since the global financial crisis. Japanese yields are nearing historical highs. These changes make owning corporate profits less attractive compared to US Treasury or Bund yields.
Written by urgent.news from El Pais Economia's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
