Christopher Palmer of Henderson Global Investors tells CNBC-TV18, the US Fed is more interested in the shape of the yield curve rather than injecting money into the system.
Even with bond yields in Europe crossing the 7% level, Christopher Palmer of Henderson Global Investors says that most market participants are looking to invest in quality bonds.
In an interview with CNBC-TV18, Christopher Palmer of Henderson Global Investors said the credit ratings downgrade of 21 banks by Moody's Investors Service is more like housekeeping.
Christopher Palmer of Henderson Global Investors talks about the news emanating from the Eurozone on the back of the big meet between Nicolas Sarkozy and Angela Merkel. He also discusses his outlook on India and where he sees India headed by year-end.
Christopher Palmer of Henderson Global Investors says what happened over the weekend is good for US equities which are keeping European markets afloat, although not with huge gains.