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null What to Make of the Recent Rise in Short-term Interest Rates around the Globe

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What to Make of the Recent Rise in Short-term Interest Rates around the Globe
02 Nov 2021
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Clock 6 mins.
CATEGORIES: AER Premium Global Macro Global Monetary Policy Interest Rates
ANALYSTS:
dot
Ignacio De la Torre
dot
Leopoldo Torralba
Short-term yields (up to two years) have surged in many markets. The reason behind the rise is the inflation risk-reward and the gradual change in central banks’ narrative. The implications are profound for companies and investors.
dot How has this yield increase been unfolding?
dot What is our outlook for inflation?
dot What is the narrative and performance of central banks in regards to the price of money?
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