Iran Attack Ratchets Up Geopolitical Risks for Traders
'We are seeing classical risk-off moves,' said Matthew Haupt, portfolio manager at Wilson Asset Management. 'What we are watching now for is the speed and scale of the response from Tehran. That will shape the duration of the current moves. Quite often these moves fade after the initial shocks.'
Here's a round up of more market reaction and analysis:
From the US to Japan, governments are having to pay investors more to get them to lend money by buying bonds, and several countries are pulling back on issuing 50-, 70- and 100-year bonds just a few years after investors couldn't get enough of them. Bloomberg Originals looks at the end of the long bond era.
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