Steven Major

According to HSBC Holdings head of fixed-income research Steven Major, bond investors shouldn’t be particularly worried about the Brexit or about the possibility of a Donald Trump presidency. But they should be worried. Major believes the Brexit vote is simply the latest event in a story...

In a new report, HSBC analyst Steven Major addressed growing speculation that more global central banks, including the U.S. Federal Reserve, will opt for increasingly negative interest rates to combat deflation. According to Major, negative interest rates may also be a long-term solution to global...