After the underlying index closed higher on Tuesday for the first time in four sessions, the S&P 500 futures increased by 0.6%, offering some relief in one of the worst years for stocks and bonds in more than a decade.
Excessive inflation basic portfolio balancing investment that relies on a combination of 60% shares and 40% bonds became unbalanced this year. 2022 saw a 17% decline in the strategy, its worst performance since 2008.
The shock decision by Japan to increase the upper limit on its 10-year bonds was beginning to fade, but the action had already sparked bets that the BoJ would follow its peers and boost interest rates in 2019.
The global stock of negative yielding debt has already decreased from a peak of $18.4 trillion reached two years ago to approximately $686 billion as a result of rising yields.
Putin: Russia will increase its military potential.
Tesla will halt hiring and start a new wave of layoffs, according to Electrek. $TSLA
Local Officials: Air-raid warnings issued across all of Ukraine.
Data released on Wednesday showed that UK government borrowing increased in November at £22 bln - the highest monthly total stretching back to 1993. (Sterling weakened)