Mideast Uncertainties to Remain Key Source of Bond Market Uncertainty
Dow Jones
Sep 21
0538 GMT - Developments in the Middle East will likely remain the key source of uncertainty for bond markets, LBBW's Elmar Voelker says in a note. "The consolidation of long-term bond yields in recent days has coincided with a temporary stabilization of energy prices at high levels," the senior fixed-income analyst says. For the time being, however, LBBW sees no reason to assume that the situation in the Gulf will ease soon. A damaged Saudi oil pipeline might eventually resume partial operations sooner than initially feared, which has slowed the rise in oil prices for now, but efforts to reopen the Strait of Hormuz appear to remain at a standstill, he says.
At the request of the copyright holder, you need to log in to view this content
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.