#uk #gilts
UK market borrowing costs coming back up. 30 year Gilt yields now only 52 basis points off post Mini Budget panic peak. 10 year Gilt yields only 19 basis points off... Issues remain 1) Treasury has huge borrowing needs next few years 2) BOE about to start QT (selling gilts on Oct 31st) 3) LDI (Liability driven investments) funds are underwater on highly volatile assets. Quite a few "too big to fail" institutions are heavily exposed to UK Bonds and Gilts Source: Ben Chu
#tlt #us #treasuries
The iShares 20+Year Treasury #etf ($TLT) is now trading below $100. This is a -41% drawdown from 2020 peak. This ETF used to be the favorite diversifier in the pre-2021 world. Source: The Market Ear, Refinitiv
#private-assets
Despite (or thanks to) recent dislocations in financial markets, the private markets industry is set to grow at a 12% CAGR, to $17tr AUM by 2026. UHNWI and HNWI are way behind endowments and Sovereign Wealth Funds in terms of allocation to private markets.
#Samsung posts upbeat #earnings ! #stocks #trading #markets #Nasdaq #trending
Samsung reported better than expected revenue, signaling tech earnings may not be as bad as some feared about weakening demand and a rise in material costs. Investors are slowly shifting toward the view that the economic slow down may not be as painful as thoughts a few weeks earlier and there are increasing signs that inflation should ease in the medium term.
