At the beginning of 2022, investors faced a very unfavourable starting point for investing — both equities and bonds were expensive, with valuations close to the highest levels in more than 100 years. This triggered a sharp increase in US yields, which weighed on most assets except the dollar and drove a material valuation reset. Equity valuation multiples fell alongside the rising bond yields.
What to know in markets on Thursday, January 19, 2023.
「目前固定收益市場有大量機會出現，這是我們大約 15 年來也未見過的。 」貝萊德美洲 iShares 投資策略主管 Gargi Chaudhuri 最近在Yahoo財經直播上說。