Global bond rout hi stock tan chuan ‘a hlauhawm hle’ niin hedge fund manager chuan a vaukhân

Bond rout nasa zawk chuan khawvel economy a tichhe nasa hle a, equities tan pawh beiseina “hlauhawm tak” a siam niin Livermore Partners hedge fund chief investment officer chuan Friday khan a sawi.

Interest rate sang zawk hun thar chuan bond yield a tisang a, investor-te return a tikhawtlai a, kum sawm leh a chanve kalta chhunga status quo chu a lu-ah a tidanglam niin David Neuhauser chuan CNBC a hrilh. Bond yield hi man nen inverse takin a kal thin.

Chu landscape chu equities tan eng angin nge a ngaihtuahawm tih zawhna chhangin, “Tun dinhmunah chuan a hlauhawm hlein ka hria,” a ti.

“He khawvel risk-ah hian kan awm a, kum 15 dawn lai chu bond market i nei a, chu chu bull market-ah a awm a, kum engemaw zat chhung chu rates negative i nei bawk,” tiin Neuhauser chuan “Squawk Box Europe” a hrilh.

“Chu chakna chuan khawvel economy pumpui a chawm a, chutah chuan in man a tlawm a, auto pawh a tlawm a, mipuite chu interest rate hniam zawkna boruak leh nunphung hnuaiah an awm a ni.”.
Chu boruak chu a danglam ta a, central bank-te’n inflation sang zawk dona atana rate tihsan an kalpui zel avangin. Chu chuan bond yield a tisang a, loan lakna senso a tihsan avangin sorkar budget aṭangin sum a tichhe bawk.

U.S. Treasury market — khawvel sum leh pai system-a thil pawimawh tak —-ah chuan bond yield hi khawvel sum leh pai lama harsatna a lo chhuah tirh aṭanga hmuh ngai loh sang ber thlengin a sang chho a ni. Europe rama economy lian ber Germany-ah chuan kum 2011-a euro zone leiba harsatna a thlen hnua yield sang ber a thleng a ni. Tin, Japan ramah chuan interest rate 0% hnuai lam a la ni a, yield chu kum 2013-a a sang ber thlengin a kai chho ta a ni.

Neuhauser chuan, “Chu chuan economy lama hmasawnna kawngah hrehawmna nasa tak a thlen dawn niin ka hria,” a ti.