May 10, 2023
Time
11:00 a.m. EST | 4:00 p.m. BST
After nine months of positive correlation, stock and bond prices are once more moving in opposite directions amid flight-to-safety flows triggered by the recent bank collapses. The accompanying surge in corporate risk premia further intensified the inverse relationship of credit spreads with share prices and sovereign yields alike. The ensuing turmoil prompted traders to significantly reduce their monetary policy projections, both in terms of the level and duration of the anticipated peaks. With the ‘pivot’ now priced in for early summer, equity and currency markets are starting to decouple from interest rate expectations.
Join Christoph Schon in this webinar to hear how all this affects the risk of global multi-asset class portfolios.
Christoph Schon, CFA, CIPM
Senior Principal, Applied Research
Qontigo