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Market Watch
All eyes on rising US Treasury yields amid inflation fears
Market volatility to continue; US inflation data for February to be closely watched
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Singapore Airlines continues to be a leading Straits Times Index performer this year, as it benefits from a global repricing of airline stocks, despite travel and tourism restrictions still firmly in place. However, the rotation to value stocks has hit growth stocks.
ST PHOTO: KEVIN LIM
SINGAPORE - Equity markets continued to be roiled last week by rising United States rates and fears that inflationary pressures are building up.
With the 10-year Treasury yield briefly hitting 1.62 per cent mid-week before retracing to 1.577 on Friday, there is nervousness over whether the Federal Reserve will taper its balance sheet.
