Weekly Market View from Realm Investment Management. Week ending 11th February 2022.
Equity markets were generally lower last week (US small-caps managed a slight gain) as inflation concerns and worries over interest rates remained in focus with the situation in Ukraine also being closely watched.
US inflation data came in higher than expected with the Consumer Price Index (CPI) rising 7.5% over the year to January, the highest since 1982. The yield on US 10-year T-note rose above 2% for the first time since July 2019.
UK gilt yields also rose, increasing expectations that the Bank of England will increase interest rates again soon.
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This communication is not intended as a recommendation to invest in any particular asset class, security or strategy. Regulatory requirements that require impartiality of investment/investment strategy recommendations are therefore not applicable nor are any prohibitions to trade before publication. The information provided is for illustrative purposes only, it should not be relied upon as recommendations to buy or sell investments.’