During the month of August, financial markets were heavily focused on China and its sluggish economic recovery, as the nation reported a sequence of continuously  disappointing data.

But even as markets suffered losses in the wake of this data, long-term US Treasury yields witnessed a rebound, as bond vigilantes returned.

So what led to the return of the bond market? How will current economic conditions continue to shape the performance of financial assets beyond the end of 2023, and what lies ahead for financial markets?

On Money in the Market, Hongbin Jeong speaks to Laurent Lequeu, Head of Portfolio Management & Research, Lumen Capital Investors, to find out more.

 

Highlights:
01:10 - Why did financial markets last month witness seasonal weakness?
01:49 - Is China really melting down? 
03:39 - How did bonds perform last month?
04:41 - Why is there a divergence between equity markets and real yields?
06:59 - What lies ahead for financial markets?

See omnystudio.com/listener for privacy information.