10:06 23/05/2022

Rising government bond yields impacting stock market

Thuỷ Tiên

With central banks around the world introducing policies to control inflation, the period of “cheap money” to support the world economy has officially ended, with pressure now on Vietnam’s operating interest rates. The continuous increase in government bond yields, meanwhile, has indirectly caused P/E in the stock market to be re-evaluated at a lower level.

Photo: Illustration
Photo: Illustration