The fallout from the closure of three U.S. banks within the span of every week is making it near-impossible for analysts to find out a good valuation for shares, as volatility within the U.S. authorities bond market surges to its highest stage in almost 15 years, market strategists say.
That’s due partly to rising uncertainty round how the Federal Reserve will react going ahead because it makes an attempt to stability a spate of dangers to markets and the financial system.
If you happen to can’t worth bonds, you possibly can’t worth shares
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