World Markets Themes for the Week Ahead

World Markets Themes for the Week Ahead
The Marriner S. Eccles Federal Reserve Board Building in Washington, D.C., on July 14, 2016. Benjamin Chasteen/Epoch Times
Reuters
Updated:
Following are five big themes likely to dominate thinking of investors and traders in the coming week.

Bonds On The Run

U.S. Treasuries—and maybe financial markets across the world—are at a critical juncture. The bond selloff is gathering pace, pushing 10-year yields above 3 percent to the highest since May and within sight of levels last seen in 2011.

Is this the breakout, the reversal of the 30-year bull market, that some people have spent years predicting? If 10-year yields break above 3.128 percent, that view will gain credence. There are still plenty of political, fundamental and relative valuation reasons for buying bonds. But once a market move picks up momentum, it can be hard to stop.