Bond markets – Few places to hide
Asia – Panic sellers ignore fundamentals
Russia – Local causes of a vicious correction
Fund managers – Investors turn defensive
Equity market – Earnings might outstrip rate rises
Latin America – A region immune to volatility
Bond markets
Few places to hide
Graham Neilson, ABN Amro’s global head of credit strategy, is emphatic. “This isn’t 1997 again, and it isn’t 2001 again. It is 1993/94, and the comparison is not lost on the market,” he says.
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