Bank of England (BOE)

UK government bond yields rose, with the rate on 20-year gilts reaching the highest level since the Lehman crisis in 2008.

Julian Emanuel is the chief equity and quantitative strategist at Evercore ISI.

Lately, the BOE has struggled to deal with the shocks unleashed by the pandemic and Russia’s invasion of Ukraine.

“The world is not likely to return anytime soon to the low inflation levels and interest rates that we have enjoyed": PM Lee.

Fed chair Jerome Powell did not rule out a US recession from the frontloading of Fed hikes to restore price stability.

The analysts are maintaining their “overweight” call on the sector.

OCBC Chief Economist Mansoor Mohi-uddin sees low rates persisting till as late as 2025.

SINGAPORE (May 13): “I have waited my entire career to trade a stock like this, and to open an IPO like Uber.” — Pete Giacchi, senior trader at Citadel Securities. Uber is set to start trading on May 10.

(Sept 26): The Bank of England can reverse its huge bond-buying stimulus programme without sharply pushing up long-term interest rates and hurting the economy, as long it explains the plan properly and moves only gradually, a top BoE policymaker said on T

SINGAPORE (Apr 4): Schroders is raising its global growth forecasts for the next two years on the back of buoyant economic activity, but warns of uncertainty for investors amid a corresponding rise in interest rates.