High inflation may push up the U.S. long bond yields

HSBC Investment Report in July that the U.S. government bonds, investors risk aversion sentiment gained ground, useful performance bonds, however, high levels of inflation fear long-term bond yields to rise the euro zone - inflation accelerated expansion, ECB monetary policy More hard-line stance, high inflation may push yields higher, but bond market volatility will provide support, as a result of bonds to improve the safety of the investment portfolio important allocation of inflation to accelerate expansion in emerging markets, the increased risk of fluctuations in the stock market And the evaluation of the less attractive, emerging market bonds on the medium-term performance of pressure, while high-yield debt compared with historical standards, with attractive prices, but economic and credit losses doubts still exist, and more financial By agencies of assets and loan loss news and price of high-yield more unfavorable attractive investment-grade bond rating, credit risk and growth still exist, financial institutions may continue to reduce or assets, the uncertain economic growth prospects and credit market Still hold cautious.