Worst bond market crash in over 70 years coming – Bloomberg ...News

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Worst bond market crash in over 70 years coming – Bloomberg
source : Russia Today ( News ) () 43
The central banks’ aggressive interest rate hikes could cause a heavy selloff, strategists reportedly warn Global government bonds are on course for their worst performance since 1949 as losses mount in the face of aggressive central banks, Bloomberg reported over the weekend citing Bank of America projections. According to the report, the escalating losses reflect how far the US Federal Reserve and other central banks have shifted away from the monetary policies of the Covid pandemic, when they held rates near zero to keep their economies going. The reversal has hit everything from stock prices to oil as investor

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