Global yields surge, markets under pressure!

Global yields are soaring as rising inflation due to oil prices force investors to rethink the outlook for central bank policy. While European central bank expectations were already pointing at the possibility of summer rate hikes, the Fed funds futures have now started pricing more than a 50% chance of a December rate hike — a stunning reversal from expectations for multiple cuts earlier this year. With equity valuations stretched and borrowing costs rising fast, a market correction looks inevitable. Listen to find out more! Ipek Ozkardeskaya has begun her financial career in 2010 in the structured products desk of the Swiss Banque Cantonale Vaudoise. She worked at HSBC Private Bank in Geneva in relation to high and ultra-high net worth clients. In 2012, she started as FX Strategist at Swissquote Bank. She worked as a Senior Market Analyst in London Capital Group in London and in Shanghai. She returned to Swissquote Bank as Senior Analyst in 2020, and launched her own website ipekScope.com in 2025.