Investors now fear interest rate hikes more than Covid-19

Rising interest rates and inflation are creating a higher degree of uncertainty for equities than the coronavirus pandemic, survey shows.
Ralf Magnussen, chief investment officer at Danish AP Pension. | Photo: PR/AP Pension
Ralf Magnussen, chief investment officer at Danish AP Pension. | Photo: PR/AP Pension
BY RITZAU FINANS

The real big risk factor for equities right now is rising inflation and interest rates rather the Covid-19 pandemic that's mauled markets throughout the last 12 months,  reports Danish business daily Børsen, referencing a survey of 220 well-capitalized investors taken by Bank of America.

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