Saxo Bank's Hardy Evaluated Bond Yields

John Hardy of Saxo Bank evaluated the bond yields. SAXO Bank Currency Strategy Manager John Hardy spoke to Bloomberg HT.

SAXO Bank’s Currency Strategy Manager, John Hardy, evaluated the bond yields, which caused volatile pricing in all asset classes in the markets. Speaking to the Bloomberg HT channel, Hardy used the following statements: "Even if the yields are starting to increase slowly, it is not something that can affect the perception of risk too much." Participating in the Bloomberg HT publication, Hardy spoke about the bond yields: "Increasing nominal yield is the most important question in the markets. We see that not only rising interest rates but also inflation are starting to rise. I think there is nothing that can affect the risk perception too much even if the yields start to increase slowly. If the yields and inflation increase rapidly, this can be a problem. We may see a tightening in financial conditions. "   "I'm Not So Excited About The Eurozone..." Speaking about the situation in the Eurozone, Hardy used the following statements: "I am not very excited about the appearance of the Eurozone in the near term. Management of the vaccination process is being done very badly. The manufacturing side is progressing well, but the Eurozone should not miss the tourist season in any way. The outlook may turn more positive after April, but there is a very difficult path on the financial side."   "Pound Shows Us Normalization ..." Regarding the situation of England and the pound, Hardy said, "I don't think the Bank of England wants to charge negative interest rates. The economy will revive again with vaccinations. The pound shows us a little more normalization. Because there was a very weak currency for a very long time, since the Brexit vote, now it's approaching a little more fair value. "     Source: Bloomberg HT