Review of Markets over January 2018Contributors Nandini Ramakrishnan, Global Markets Insights Strategy Team
Global markets were certainly not plagued with the January blues. The major equity markets continued their ascent, led by emerging Asia and the US. Growing confidence among central banks that the strong recovery will bring inflation back towards targets caused most government bond prices to weaken, notably US Treasuries.
Exhibit 1: Asset class and style returns (local currency)
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