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The Guardian - UK
The Guardian - UK
Business
Heather Stewart in Washington

US shares risk ‘sharp correction’ but markets seem complacent, IMF warns

People with umbrellas pass the New York Stock Exchange
US stock markets have repeatedly roared to record highs in recent months. Photograph: Richard Drew/AP

US stock markets which have rallied during the AI boom are at risk of a “sudden, sharp correction” while government bond markets are under mounting pressure, the International Monetary Fund has warned.

In its Global Financial Stability Report, published as policymakers gather in Washington for the IMF’s annual meetings, the Fund said that markets appear “complacent”.

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