MarketWatch/Vivien Lou Chen/3-25-2022
“Signs of trouble continue to show up in the world’s largest, most liquid government-securities market as government bonds logged their worst week in years and the U.S. central bank’s interest rate hiking cycle gets underway.”
USAGOLD note: On Friday, we posted a warning about liquidity problems in the commodities market. It seems the bond market is experiencing similar difficulties. And we are only in the early stages of the Fed’s rate hike/quantitative tightening policy. Yields are higher again this morning as the relentless sell-off in the bond market continues.
