Keep running with the bond bulls says Bank of America
The rally in bond markets of late has been startling. As hopes grow that inflation may have peaked, and evidence of a US economic slowdown builds, benchmark 10-year Treasury yields BX:TMUBMUSD10Y fell from around the 3.5% level touched in mid-June, to near 2.5% at the start of this week. A 100 basis point retreat in…
Read More “Keep running with the bond bulls says Bank of America” »
