Bond Market Is Losing Patience

The bond market is undergoing a sharp sell-off with rising yields as geopolitical tensions and weakening economic data from China fuel investor uncertainty. High-profile tech listings like Cerebras provide a contrast to deepening crises in European real estate and UK politics.

Key Takeaways

• 1.Bond market yields are rising sharply (13-20 bps last week) as investors lose patience with geopolitical and economic uncertainty.
• 2.The UK Gilt curve is exceptionally volatile due to political crisis and potential early leadership elections for the Labour Party.
• 3.AI chipmaker Cerebras successfully launched its IPO, raising $5.55bn, though its valuation is noted as being high at 185x FY-25 sales.

Table of Contents

• MARKET LINES
• Rates
• FX
• HIGHLIGHTS
• DAY AHEAD
• MARKET RECAP
• INDUSTRY NEWS
• Real Estate
• Tech & data
• Energy Transition
• Transportation & Mobility
• RESEARCH HIGHLIGHTS
• RESEARCH LATEST FORECASTS
• RESEARCH EVENTS
• DISCLAIMERS

Document Preview

Page 1 of 5

Subscribe for full accessStart Free Trial