Dossier
Federated Hermes
Coverage of Federated Hermes in the Nexus archive.
- Bonds worry, while stocks enjoy the "bliss trade"
The stock market and bond market are telling different stories about the economy, with stocks betting on a 'bliss trade' and bonds fearing inflation risk. Stocks have rallied to all-time highs, while bond investors price in rising inflation. The disconnect between the two markets is driven by differing views on fiscal policy and geopolitical risks.