Large Current Account Surpluses and some a big savings glut is huge news for some investors A global savings glut and lack of central bank intervention in fixed income markets will lead to structurally higher real yields for fixed income going forward argues Bank of America’s Rates Strategist Ralf Preusser in a research note issued earlier this week. Large Current Account Surpluses Savings Glut Bad For Bond Yields According to Preusser’s findings, since 2006 global trade imbalances have become more concentrated with the ten largest current-account surpluses accounting for 84% of all current account surpluses in 2016, compared to 86%…
Savings Glut And Current Account Surpluses Are Bad News For Bond Yields
Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for ValueWalk