Will Rising Interest Rates Change The Game?
Real Vision: Finance & Investing
Real Vision
4.1 • 1.1K Ratings
🗓️ 27 February 2021
⏱️ 42 minutes
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| 0:00.0 | Relax. Concentrate on your breathing, hanging in the cold air, because your boil is broken, |
| 0:11.8 | but no need to worry. With British Gas Home Care Cover, you can get your boiler repaired |
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| 0:42.5 | Nasdaq down for the week, rates continue to rise across the curve. Will the rotation |
| 0:47.4 | from growth to value continue? We discussed these topics today with Ed Harrison and Jack |
| 0:53.0 | Farley. It's been an event for week. Let's run through what you guys are thinking. Ed, |
| 0:57.6 | let's start off with you. What's on your mind? |
| 0:59.6 | As you can probably imagine, I'm thinking about the bonds, credit markets leading. I think |
| 1:05.6 | the way I'm looking at it is that credit is leading the market and all the other markets |
| 1:10.7 | are following as a result of that. The most interesting thing for me is just going |
| 1:16.9 | back two weeks to that Thursday when I was talking to Katie Stockton who said that tomorrow |
| 1:22.8 | the next day we would have a price signal where two Friday consecutive Fridays above a |
| 1:31.2 | 114-25 level, I think it was that she gave us would mean that we were breaking resistance |
| 1:36.5 | at that level. The next stop was 150. Interestingly enough, here we are just below the 150 mark. |
| 1:43.7 | We actually shot above yesterday and we're meeting resistance at 150. It was a really |
| 1:50.8 | steep move in rates. I think that we were well extended and so obviously you would expect |
| 1:56.8 | the pullback, but according to the technicals, this is the area of resistance that we should |
| 2:02.1 | expect. We might be lingering here for a while. Potentially, if the rate move is over, |
| 2:10.5 | perhaps next week will be a calmer week. |
| 2:13.4 | Obviously, the curve is steepening on the 10. Same thing happening on the 30 and also |
| 2:18.4 | a little bit of juice happening at the front end of the curve, the two-year yield check. |
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