DBS: The era of rising rates has arrived

14 March 2017 | 2 minutes read

DBS says that the likelihood of a 25 bps rate increase is “almost a foregone conclusion”, with the narrative switching towards how fast the rate hiking cycle will be. According to the bank, this could have dire implications for risk assets, especially equities and high yield bonds. With a 235,000 non-farm payroll boost in February and 100% probability of a March…

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