Updates On Bond Yields And Earnings, And A Jumble Of Thoughts
By Jeremy Robson:I wanted to update two posts that I have previously written and add a few other thoughts that seem relevant at the present time.
I posted an article about the timing of any moves up in U.S. and U.K. bond yields and wanted to update the original post, which can be read here. The U.K. I suggested a timescale of the fall of 2012 for yields to start rising in the U.K.. I still think that this is going to be somewhere near correct. There are however two changes to that article's hypothesis. These are: 1. I suggested that the poor growth figures would start to become evident in the summer of 2012. It is clear that the U.K. is in recession now. Today, growth for the first quarter 2012 was revised down to -0.3%. There have been a myriad of poor figures out of the U.K. inComplete Story »