How taper talk helps pension funds
- 5 years ago
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Taper talk tempered the climb in stock markets. But as John Authers explains, it helped the shares of companies with serious pension deficits to climb, because higher bond yields mean lower pension deficits. The question now: has this been overdone?
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Taper talk tempered the climb in stock markets. But as John Authers explains, it helped the shares of companies with serious pension deficits to climb, because higher bond yields mean lower pension deficits. The question now: has this been overdone?
For more video content from the Financial Times, visit http://www.FT.com/video
Subscribe to the Financial Times on YouTube; http://goo.gl/vUQx5k
Twitter https://twitter.com/ftvideo
Facebook https://www.facebook.com/financialtimes