Strong trading is the company's best defence whilst it remains under pressure from activist shareholders, Peel Hunt says. BlackRock, however, remains underweight to nominal government bonds due to the risks that long-term bond yields and term premium can climb higher, it says. "We believe markets will price in inflation settling above developed market central bank 2% policy targets longer term," it says. (emese.bartha@wsj.com)---European Stocks Fall After Mixed Asia; US Set to Drop1133 GMT - European stocks drop after mixed Asia trading and ahead of an expected lower U.S. open. (elena.vardon@wsj.com)Contact: London NewsPlus, Dow Jones Newswires;(END) Dow Jones NewswiresSeptember 06, 2023 12:45 ET (16:45 GMT)Copyright (c) 2023 Dow Jones & Company, Inc.

Source: Wall Street Journal September 06, 2023 22:52 UTC