24 Jul 2014
Hunt for yield still intact - Societe Generale
FXStreet (Barcelona) - Kit Juckes, Global Head of Currency Strategy at Societe Generale, observes the solid sentiment around riskier assets.
Key Quotes
"2-year Treasury yields are below ½%, 10s below 2½%, and the S&P500 is heading towards 2000 at a brisk pace. Investors are relaxed about the outlook for Fed policy and still hunting for yield."
"Europe is mulling over stricter sanction against Russia and the ruble is finally reacting, but EM more broadly is still bid. Some EM equity markets are finding buyers again, and gold prices are slipping. Among all this, the dollar remains well supported."
Key Quotes
"2-year Treasury yields are below ½%, 10s below 2½%, and the S&P500 is heading towards 2000 at a brisk pace. Investors are relaxed about the outlook for Fed policy and still hunting for yield."
"Europe is mulling over stricter sanction against Russia and the ruble is finally reacting, but EM more broadly is still bid. Some EM equity markets are finding buyers again, and gold prices are slipping. Among all this, the dollar remains well supported."