Schroders and Bank of America Assess Tail Risks in Global Markets
What happened
Schroders and Bank of America published an analysis of market tail risks and investment trends. The firms noted that US 10-year bond yields have topped 5 per cent for the first time since 2007. This rise in yields is cited as the biggest tail risk facing markets, according to Bank of America’s fund manager survey. The current narrow gap between equity earnings yields and bond yields is a point of concern for investors.
From irishtimes.com
Why it matters
The high yields offer investors a more attractive alternative to equities. While strong earnings growth is expected to continue through 2026, 2027, and 2028, if those growth rates are not achieved, the risk-free attraction of a 5 per cent yield becomes increasingly difficult to ignore.
From irishtimes.com
Who's involved
- SchrodersAsset management company involved in the analysis of market tail risks.
- Bank of AmericaFinancial services corporation whose economist contributes to the market risk assessment.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- Goldman SachsSpeculative
Goldman Sachs might face increased pressure on valuations due to the rise in borrowing rates.
- Bank of AmericaSpeculative
Bank of America could experience pressure on equity valuations and lending margins due to rising bond yields.
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The entities involved
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Schroders
asset management company
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Bank of America
American multinational banking and financial services corporation
Related events
- Bank of America strategist Subramanian issued market targets and risk assessments on August 28, 2026.
- Analysts are monitoring the performance and pipeline risks of AstraZeneca, following concurrent stake purchases and increased holdings by Bank of America.
- Bank of America strategists published warnings about market complacency on September 13th, with findings reported by financial news outlets.
- An analyst inquired about market potential in Argentina.