[Standard Chartered: Rising US Stocks and Treasury Yields Benefit Risk-Sensitive Currencies] According to a report by Odaily Planet Daily, Standard Chartered strategists stated that the most favorable market environment for risk-sensitive currencies over the past 30 years has been the simultaneous rise in US stocks and US Treasury yields. The strategists pointed out that yields tend to be low in the early stages of an economic recovery, reflecting loose monetary policy and insufficient credit demand. As market optimism about the economic growth outlook intensifies, this change is typically reflected in stocks, bond yields, and currencies positively correlated with risk sentiment, including the Canadian dollar, Australian dollar, Norwegian krone, Mexican peso, and New Zealand dollar. The strategists stated, "If rising yields reflect an increased risk premium or heightened inflation risk, then this correlation may no longer be so reliable."