We see an economic justification. Stronger-than-expected global growth and higher-than-expected inflation means fewer rate cuts. Against this backdrop, we continue to prefer stocks to bonds.
Corporate bond investors have been trimming their holdings of bonds issued by the “Magnificent Seven,” with one exception, since the November presidential election — a trend that has continued into ...
In any case, financial markets and official economic indicators over the past few weeks give policymakers around the world plenty to contemplate. Were the recent bond market alarm bells a ...
British government bonds, known as gilts, are suffering a particularly harsh sell-off, as investors recoil from the country’s low economic growth, stubborn inflation and high debt levels.