So, one has to be selective. I mean, there is definitely stress, but there is US financial sector which is also seeing the default rate rise in the credit card sector. So, as the economies globally have slowed.
Asian stocks hit a record high, fueled by a surge in technology shares and easing geopolitical tensions. South Korea’s SK Hynix reached a $1 trillion
Gilt funds invest in government securities. These funds are sensitive to interest rate changes. Rising yields have recently led to weak returns for gilt funds.
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