Australian shares are set to edge lower. Deutsche Bank in the spotlight. Inflation, policymakers’ comments top this week’s agenda. Follow updates here.
JPMorgan strategists Jason Hunter, Alix Tepper Floman and Marko Kolanovic continue to see a case for owning bonds.
“We have maintained the view that the high yields achieved in the fourth quarter of last year was likely the cheaps for the cycle, and we looked for a developing and multi-month bullish reversal pattern into 2023 to eventually give way to a new bull market. “While we expect an eventual release to lower yields and sustained breaks through pattern resistance by midyear, we think yields can be set for more backing and filling over the near-term.”
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