Market Comment | Powell guides markets to neutral stance on interest rates
Published on Friday, May 3, 2019 | Updated on Monday, May 6, 2019
Market Comment | Powell guides markets to neutral stance on interest rates
Summary
Safe-haven bond yields increased and equity markets retreated from their recent highs, while bond investors searched for an extra-yield, in turn, narrowing peripheral and HY spreads, as Fed Chair Powell guided markets to a neutral stance on interest rates.
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- Global
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- Financial Markets
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Authors
Cristina Varela
BBVA Research - Principal Economist
Sumedh Deorukhkar
BBVA Research - Senior Economist
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