Bets on the ‘Year of the Bond’ are still on even as losses return
It’s way too soon to abandon hopes for a strong bond-market rebound in 2023. But even if plowing back into Treasuries proves to be a winning trade, sticking with it won’t be for the faint of heart. A surge in job growth, rising consumer spending and faster-than-expected inflation have sent bond prices sliding again by … [Read more…]