The preferred soft landing scenario for early 2024 will also support the continued normalization of inflation towards the Fed's target. The current inversion of yield curves in the USA is exclusively due to the high level of key rates and, consequently, of the short end of the yield curves. Against this backdrop, a 100 bp normalization of (...)

Falliing short-term rates and reversal of fund flows in favor of bond markets

Discover our Investment Flash down below:

Read more