Henderson: Weekly Economic & Market Update

• Bond yields have been rising recently and the US 30-year yield has moved above 5% for the first time since last August.

• There are signs that the first quarter may have been the low point for US economic activity in the present mini-cycle.

• China’s main share price index has risen 155% in the last nine months, leading Alan Greenspan to suggest that a big fall is possible.

• UK interest rate expectations have increased further after the publication of the minutes of the May Monetary Policy Committee meeting.

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