The Week in Markets: Softer-than-expected CPI sparks relief rally

The Beyond Markets podcast channel is wrapping up on a high note at the end of 2025. But do not worry! The conversation continues on our podcast Moving Markets by Julius Baer, where we'll be sharing fresh insights and analysis on current market developments.

Subscribe to Moving Markets on Spotify
Subscribe to Moving Markets on Apple Podcasts 

There was a clear relief rally in both the stock and rates market, following softer-than-expected US CPI numbers last week. In the grand scheme of things however, asset pricings have swung between growth and inflation or policy shocks over the past year. In this episode, Richard Tang, Head of Research Hong Kong at Julius Baer, discusses the significant treasury moves over the past year, the implications of the latest CPI print, and what to watch out in rates and equities markets.