American and British bond yields have been in a bullish trend in the past few weeks as investors anticipate more tightening by the Fed and Bank of EnglandThis rally happened as investors predicted that the Bank of England will continue with its tightening policies after it hiked rates by 0.25% in December.
Analysts expect that the Federal Reserve will take a combative role this year in its bid to lower inflation. That will involve ending its quantitative easing policy in March or earlier and then immediately hiking interest rates.
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