So, when in a high interest rates scenario, investing in fixed income securities seems lucrative for many investors, but one should understand the risk and reward before making investment decisions.
International Business News: Oil prices declined due to concerns about lower fuel demand caused by central banks keeping interest rates high. Brent crude futures dropped to $92.91
Oil Prices High Interest Tight Supply: Oil prices declined due to concerns about lower fuel demand caused by central banks keeping interest rates high. Brent crude futures dropped to USD 92.91 a barrel, while US West Texas Intermediate crude futures fell to USD 89.34. The US Federal Reserve and the European Central Bank have both expressed their commitment to fighting inflation, which could lead to longer-lasting tight policies and slower economic growth.