Bond Market Rate Spiral Has Potent Accelerator Behind the Scenes
The rush by bond investors to protect themselves against surging US yields risks exacerbating the spike, with behind-the-scenes hedging activity amplifying price swings.
By Edward Bolingbroke · Bloomberg Markets
The rush by bond investors to protect themselves against surging US yields risks exacerbating the spike, with behind-the-scenes hedging activity amplifying price swings.