Business
Bond markets flash red as yields surge – The Australian Financial Review
A sharp rise in bond yields comes with an inflation warning that could catch central banks by surprise, triggering sharp and rapid interest rate hikes.
Morgan Stanley calculates that 52.9 million shots were administered out of a total of about 70 million distributed as of February 14. About 38.3 million were given as the first dose.
The reproduction rate of the virus in the US is about 0.84, down from 0.94 last week, and the epidemic doubling time is now about 250 days, up from 160 days, Morgan Stanley found.
Investors could genuinely start to worry if real yields pick up along with market inflation expectations, Mr Plank said. Real yields are…
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