Weekly newsletter |23 April 2021| Markets go back and forth
Aarinder Lidder - Apr 23, 2021
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Markets go back and forth
Hello and welcome to our weekly newsletter, where I talk about what's been going on in this market and what to look out for in the days and weeks ahead.
There's one headline that probably encapsulates best what's been going on in the last week and it was one that appeared in the press. The headline was, U.S. government bond investors left bewildered by bonkers market move. It was describing what we saw particularly in the back end of last week, where the US Treasury market started to rise and gain traction. This means that the yield on the 10-year US Treasury, for example, started to plummet. It was reversing the trend we’d seen with rising bonds.