The 30-year-old bull market in bonds looks to be ending with a bang. The Bloomberg Barclays Global Aggregate Total Return Index lost 4% in November, the deepest slump since the gauge's inception in 1990.
Gathering US economic momentum and Donald Trump's election win -- and his promises of tax cuts and US$1 trillion ($1.43 trillion) in infrastructure spending -- spurred investors to dump debt that was offering near-record-low yields and pile into stocks.
Hot Stocks for Intra & Contra Day Trader in SGX Market
KEPPEL
JARDON C & C
SEMBCORP MARINE
DBS
OCBC BANK
So Earn more trade on These Stocks . . . . . .
Today Recommendations :
MMFS SG INTRADAY SIGNAL: BUY SUNMOONFOOD AT 0.093 TARGET 0.096, 0.099 SL 0.088
MMFS KL INTRADAY SIGNAL: BUY SALUTE AT 1.25 TARGET 1.29, 1.33 SL 1.20
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