Markets Do Some of Central Banks' Work -- Market Talk
Dow Jones2026/10/09 05:320532 GMT - Markets are doing some of the central banks' work, says Muzinich & Co.'s Erick Muller in a note. "Rising interest rates and bond yields are tightening financial conditions and, at a certain point, altering the dynamics of economic growth," the director of product and strategy says. Simply put, market repricing is effectively doing some of the central banks' work, thereby moderating the necessary adjustments to official interest rates, he says. (emese.bartha@wsj.com) (END) Dow Jones Newswires October 09, 2026 01:32 ET (05:32 GMT)
0532 GMT - Markets are doing some of the central banks' work, says Muzinich & Co.'s Erick Muller in a note. "Rising interest rates and bond yields are tightening financial conditions and, at a certain point, altering the dynamics of economic growth," the director of product and strategy says. Simply put, market repricing is effectively doing some of the central banks' work, thereby moderating the necessary adjustments to official interest rates, he says. (emese.bartha@wsj.com)
(END) Dow Jones Newswires
October 09, 2026 01:32 ET (05:32 GMT)
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