Hiking away from the fighting
Thursday 3rd March 2022View our disclaimer and terms of use: nab.co/3shJyypView our NAB Financial Services Guide: nab.co/3rvJtI9It almost seemed like business as usual for markets overnight. Equities rebounded strongly and demand dipped for bonds, pushing yields higher. As NAB\u2019s David de Garis remarks, it all seems a little topsy-turvey. Investing in shares doesn\u2019t seem a logical choice as the Fed chairman indicated that the path of rate rises in the US will continue unabated, just as the Bank of Canada lifted its rates for the first time since the pandemic. But away from equities, there are still clear signs of disruption from Ukraine, with oil prices continuing to increase, coal rising higher and wheat prices soaring.
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