Apollo's Slok on Short-Term Bond Market Volatility, Long-Term Middle East Stability

Apollo Chief Economist Torsten Slok expects a short-term disturbance in the bond market and says ‘50 years of security’ in the Middle East will keep oil prices down. Implication: near-term volatility in yields but downward pressure on oil and energy-related inflation, limiting upside risk for energy prices.

Analysis

Apollo Chief Economist Torsten Slok expects a short-term disturbance in the bond market and says ‘50 years of security’ in the Middle East will keep oil prices down. Implication: near-term volatility in yields but downward pressure on oil and energy-related inflation, limiting upside risk for energy prices.