Institutions: As early as October, the stock market may come under pressure along with the bond market
2025-08-11 07:26:00
Guy Stear, head of developed markets strategy at Amundi Investment Institute, expects higher tariff-related costs and cash flow problems to drive up high-yield refinancing costs and default rates sharply as early as October, raising concerns about jobs, investment and growth. When the credit bond market finally comes under pressure, so will the equity market.
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