TechFlow News, May 25: Thomas Matthews, an analyst at Capital Economics, stated in a research report that even if the Middle East conflict ends, the likelihood of most major economies cutting interest rates this year remains extremely low. He added that this implies any significant bond market rally triggered by the end of the war would be confined to regions where market expectations for interest rates remain relatively high. As an example, he cited the UK as a country where bonds are poised for a substantial upswing; by contrast, the U.S. does not fall into this category, and thus its bond market’s upside potential is expected to be relatively limited. (Jin10)
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