Euro up against most major currencies
Combined inflows of €17.8bn
Concerns about rising rates
Predicts US leading downturn in late 2019
Months of talks between the parties
Amid record short positions
Outflows of €449m this week
Euro and Ibex 35 fell
We believe that there are two types of bond bear market, writes Andrew Clarke, fund manager - fixed income at Sarasin & Partners.