Franklin Global Bond Fund Q2 2024 Commentary: Analyzing Market Trends
Wednesday, 21 August 2024, 13:50
Market Expectation Shift
In Q2 2024, market expectations regarding US rate cuts were pushed back significantly. This shift had a direct impact on the US bond market.
Bond Yields Rise
- As expectations changed, US bond yields drifted higher.
- This trend is reflective of the overall market sentiment.
US Dollar Performance
- The US dollar had a modest gain during Q2 2024.
- This suggests a potential strengthening of the currency.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.