Global bonds markets appear to be in a state of structural volatility. While inflationary pressures and fiscal concerns are the most oft-cited factors, the apparent failure of the markets to adapt their expectations could be just as significant.

Global bonds markets appear to be in a state of structural volatility. While inflationary pressures and fiscal concerns are the most oft-cited factors, the apparent failure of the markets to adapt their expectations could be just as significant.

Toward a “new normal” for bonds?

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Toward a “new normal” for bonds?

Toward a “new normal” for bonds?