M
Mohamed El-Erian
President at Queens' College, Cambridge
2417012 followers
A persistently strong day for stocks around the world ends with the US major indices gaining 1.1-1.5%. Consistent with this risk-on tone, the US government 10-year yield rose 6 basis points (to 0.66%) and gold fell $14. The oil complex struggled throughout, with the May WTI contract down 23% and Brent 6%. #gold #stocks #oil #markets #stockmarket #investmentmanagement #equities #equities #yields #fixedincome #bonds
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