The Volatility Dragon Has Not Been Slayed: Brace For More Firey Swings!

Investors’ hopes were running high into the start of 2024, but the S&P 500 index started the year by stripping 2.2 per cent off its December 2023 peak while the all-important 10-year US Treasury yield has jumped back up from a recent low of 3.78 per cent to around 4 per cent. Investors have been cautious in the opening sessions of 2024, as they awaited further clarity on when interest rate cuts will begin, and how quickly they will happen. Hopes for a swift pace of easing had triggered a blistering rally in the final weeks of 2023, which took […]