Impact of Rising US Bond Yields on Stocks and Interest Rates
20-Feb-18 07:35
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With Lunar New Year celebrations continuing across Asia, and US financial markets closed for Presidents’ Day, trading volumes might be thinner than usual across the board.
However, it could still be an actionable week with several Federal Reserves speakers on tap and the FOMC minutes due later this week.
We speak to Joe to take get his take on what to expect in the US this week and what rising US bond yields will mean for stocks as well as interest rates.
We also discuss news that the US, Japan, India and Australia could join forces to establish an alternative to China's Belt and Road Initiative.
What does he think about this four-nation alliance? Could it -- as some reports claim -- counter China's growing influence?
Listen in.
Presented by: Joyce Goh
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Tags: U.S. Federal Reserve, FOMC, China's Belt and Road Initiative