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Podcast: All into Account
Episode: Equity Strategy - Time is coming to position for the long duration trade
Description: Speaker: Mislav Matejka, CFA, Head of Global Equity Strategy
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In terms of a move in bond yields, we believe that we are currently in a transition phase, rising bond yields at these levels are problematic for investor sentiment and for the economy, and are therefore ultimately not sustainable. Bonds RSI is becoming oversold and at some point soon this should morph into pricing in of a policy mistake, where bond yields are likely to start to move lower. Brent rally does mechanically imply that PPIs, as well as CPIs, could inflect higher again. That said, u...