Investment Weekly
Chart of the week – US stocks and bonds decouple
The S&P 500 hit fresh all-time highs this week with the decisive outcome of the US presidential election removing one form of uncertainty for investment markets. The recent good run in US stocks has coincided with a period of rising US Treasury yields. So far, the stock market has shrugged this off - but there is no guarantee that higher-for-longer rates won’t damage risk appetite. Investors should prepare for a bumpier journey ahead.
More from this week:
Market Spotlight
- Step by step
Lens on…
- Chinese momentum
- Emerging FX pressures
- Frontier resilience