Global effects increase 20% above their lowest levels in 2022 with warning to reduce interest
The global bond index rose by more than 20% from the lowest level in 2022, as the poor US labor market data led to the promotion of expectations that the Federal Reserve will strengthen the procedures to facilitate monetary policy. The Bloomberg Global Bond Index, which follows the debt of states and businesses in advanced and emerging markets, has increased its highest level since March 2022, amid a wide increase in fixed revenue markets. Traders are widespread that the Federal Reserve will lower interest rates next week, with a few expectations to move by half a percentage. The effects gained a moment with the reduction of central banks for borrowing costs in response to the decline in inflation, and the increasing indicators on the pressure of the labor market. Long -term bonds remain under pressure. Martin Whiton, head of the financial market strategy at Westpac Banking Corporation: “The (returns) curves recorded movements in significantly specific directions, which also led to the (investor) request for higher returns, and perhaps it was also driven by relatively large open sales in the market. Kingdom in November at the plan of Finance Minister Rachel Reeves is waiting to balance growth initiatives with spending control.