How Will Bonds Fair in Trump's First 100 Days in Charge?
U.S. Treasury yields are poised to keep rising and that will mean more pain for emerging markets, according to Amundi Asset Management. The U.S. 10-year note yield may climb as high as 3 percent sometime in the first quarter, from the current level of 2.38 percent, said Eric Brard, global head of fixed income at Amundi, which oversees about $1.1 trillion. Global bonds have tumbled $2.06 trillion in value since Donald Trump’s unexpected election victory on Nov. 8 amid concern his plans to boost spending will push up inflation. Investec Wealth & Investment Head of Fixed Income Darren Ruane discusses with Anna Edwards on "Bloomberg Markets: European Open." (Source: Bloomberg)