Friday, August 18, 2023

Investors are leaving stocks for the allure of risk-free payouts in bonds

The S&P 500 Index fell below its average price over the last 50 days on Tuesday for the first time in more than three months, while global bond yields reached their highest levels in 15 years this week. Investor sentiment also took a hit on news of China’s property crisis and troubles in its shadow banking system

from Economic Times https://ift.tt/d8SN5Ga

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Asian shares start cautiously, dollar edges down

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