Care Ratings: Global Bond Yield Movements In October

The second wave of Covid-19 in some regions and concerns over a faltering economic recovery supported demand for government bonds.

A trader works on the floor of the New York Stock Exchange (NYSE) in New York, U.S. (Photographer Michael Nagle/Bloomberg)

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Care Ratings Research Report

The global bond markets in October 2020 tended to be volatile. While some key economies saw the benchmark government bond yields rise to multimonth highs, some others witnessed a decline in the same.

Indications of growth in the economy linked to the easing of the Covid-19 restrictions led to improved investor sentiments and appetitive for riskier investments, pushing up yields of the risk-free sovereign bonds of some economies.

At the same time the resurgence of Covid-19 cases in some regions and concerns over the faltering of the economic recovery there supported safe haven demand for government bonds.

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Care Ratings Global_Bond Yields Movements October 20.pdf
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