Opinion
Investors find little to celebrate as focus shifts to US election
Investors are becoming increasingly anxious that massive US government deficits and increasing tariffs represent a dangerous inflationary cocktail.
Karen MaleyColumnistLong-term US interest rates continue to push higher as investors become increasingly resigned to the fact that inflation will continue to dominate the US economic landscape regardless of who wins November’s US presidential election.
The global bond sell-off, which triggered a fall in US sharemarkets, is again picking up pace, with the yield on benchmark US 10-year bonds closing at 4.62 per cent, the highest level in almost a month.
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