Investments

Harbour: Northern autumn uncertainty

Thursday 5th of September 2013

Global macroeconomic momentum
Global bond yields continued to rise in the first half of August, as macroeconomic data pointed to ongoing economic momentum.  The US 10 year yield reached as high as 2.95% in mid August – a considerable rise from the lows of 1.6% in May this year.

Purchasing Manager Indices (PMIs) point to solid economic expansion in the US (and...

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