Weekly Market Commentary - 28 June 2024

Government bonds declined this week as evidence of sticky inflation caused investors to become less optimistic about interest rate cuts. Rising inflation in Australia and Canada caused those countries’ government bonds to fall in value and push up yields. US government bond yields also rose as some members of the Federal Reserve warned that upward pressure on inflation may prevent any rate cuts in the short term. In the UK, gilt yields increased as strong consumer spending and growth in the services sector added to reasons for the Bank of England to delay cutting rates.

Click here to view the market commentary.

Request more information
Thank you
We will be in touch soon.
Sorry. Something went wrong. Please try again.

You might also be interested in:

Thinking of moving to a retirement living community? Key benefits and drawbacks
The pros and cons of becoming a digital nomad
Planning your retirement income? Top 5 areas retirees spend their money on
What a Labour government could mean for your finances