Record-Setting Momentum Rally Is Drawing Doubters

April’s rally in risk assets has weathered stalled peace talks, signs of resurgent inflation and a central-bank succession drama. Investors may be about to find out if the speed of...

By Bernadette Toh, Natalia Kniazhevich · Bloomberg Markets

April’s rally in risk assets has weathered stalled peace talks, signs of resurgent inflation and a central-bank succession drama. Investors may be about to find out if the speed of the advance itself poses a threat to a further ascent.