Global Weekly: The rally continues

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So far this year, taking risk is being rewarded, with corporate bonds and equities performing well. The 10-year US Treasury rate, however, surprised by crossing the 2.5% mark.

Equity update

Looking at the first trading weeks of the year, it is interesting to see what drove equity markets up. The S&P500 Index reached again new highs this year, gaining 3%. Most notably are the strong upward revisions of analysts’ expectations for US earnings in 2018. 

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