Investors should short government bonds with higher interest rates now being 'inevitable' around the world, a strategist has advised.
The moves in the European bond market came after hawkish comments from Klaas Knot, president of the Dutch central bank and a member of the European Central Bank's Governing Council, on Sunday.Traders work on the floor of the New York Stock Exchange on December 08, 2021 in New York City.Investors should short government bonds with higher interest rates now being "inevitable" around the world, a strategist has advised.
Speaking to CNBC's "Squawk Box Europe" on Monday, David Roche, president and global strategist at Independent Strategy, shared his fixed income outlook amid an uncertain economic climate. "In terms of bonds alone, my stance is that I would be short the whole lot of them," he said. "Short [German] bunds, which have now got a positive yield, short BTPs in Italy and short U.S. Treasurys ... I would say I would most certainly be short [U.K.] gilts too because we're going to see quite a phenomenal inflationary spiral in the U.K."
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
'Presumed Innocent' Limited Series Adaptation From David E. Kelley, J.J. Abrams Ordered at AppleScott Turow's acclaimed novel 'Presumed Innocent' is set for a limited series adaptation at Apple TV+ with J.J. Abrams tapped to produce.
Read more »
Ep. 476 — Ian Bremmer - The Axe Files with David Axelrod - Podcast on CNN AudioIn 1998, Eurasia Group founder Ian Bremmer made a name for himself when he successfully predicted the collapse of the Russian ruble. Since then, Bremmer has turned offering his political science insights into a successful business, helping companies understand geopolitical risk as they shape their global strategies. Bremmer joined David to talk about his rise from Chelsea, Massachusetts to Wall Street, what he believes could happen with the Russia-Ukraine conflict, China, the risks of the US stepping back from global leadership, and why a looming Constitutional crisis is not enough to create real change in America.
Read more »
how david bowie made queer coolDavid Bowie as Ziggy Stardust —in his heels and feathers, eyebrows shaved, lip-sticked, and glittered —redesigned the dominant model of the queer. See more:
Read more »
Bengals, Rams and Bitcoin: Crypto Ads Invade the Super BowlCrypto companies are shelling out top dollar for Super Bowl ads as they strive to become household names.
Read more »