#Opinion by Li Ruofan 李若凡｜"As for risk assets, although rising US Treasury yields may cause volatility, especially for technology stocks that are sensitive to interest rates, I do not see that as a sign of a bear market. Rather, it suggests a risk-on mood may prevail in the market. For one thing, the Fed and other central banks may maintain a loose policy, thus creating a low interest rate environment. Besides, the traditional economy may benefit from gradual economic recovery and the easing of lockdown measures. Third, although the real rate of return of 10-year US Treasuries has increased, the rate remains negative, meaning the rate of return of risk assets is still attractive."
Read more: https://bit.ly/3chSBbN
"至於風險資產，儘管美債收益率上升可能引起波動，尤其是對利率敏感的科技股，惟筆者認為這並非熊市的先兆。反而，市場的情緒仍可能偏向risk-on。首先，美聯儲和其他主要央行短期內可能維持寬鬆政策不變，為投資者繼續營造一個低息環境。其次，隨經濟復蘇及封鎖措施解除，舊經濟板塊可能受惠。第三，美國10年期實際收益率雖有所上升，但仍處於負值，意味風險資產的收益率仍然吸引。"
____________
📱Download the app:
http://onelink.to/appledailyapp
📰 Latest news:
http://appledaily.com/engnews/
🐤 Follow us on Twitter:
https://twitter.com/appledaily_hk
💪🏻 Subscribe and show your support:
https://bit.ly/2ZYKpHP
#AppleDailyENG
prevail meaning 在 Prevail Meaning - YouTube 的推薦與評價
... <看更多>