Stocks lower with Bond yields back in focus

Some big names have reported today including Credit Suisse, Airbus and Barclays which reported profits heavily down on previous year but better than expectations.

Stocks lower with Bond yields back in focus

Stocks are generally lower this morning, with the market’s attention back on bond yields. On Wednesday, the US 10-year Treasury yield rose back towards 1.5%, again raising concerns about inflation. US markets closed lower, particularly the Nasdaq index which ended the session close to a two-month low.

UK stocks closed higher on Wednesday, lifted by Chancellor Rishi Sunak’s budget statement. Housebuilder’s made gains, boosted by confirmation that the stamp duty holiday will be extended until June.

Disclaimer:  ‘Where the business has expressed opinions, they are based on current market conditions, they may differ from those of other investment professionals and are subject to change without notice. The information contained within this communication is believed to be reliable but Realm Investment Management Limited does not warrant its completeness or accuracy. 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.’

Download Our Free Brochure