Bloomberg/Garfield Clinton Reynolds/4-27-2022
“Global bonds are closing in on their worst month on record as investors brace for a flurry of rate hikes in the coming week, including the most aggressive U.S. tightening since May 2000.”
USAGOLD note: Investors make a habit of following the stock market but not so much the bond market. At the same time, the bond market is significantly larger than the stock market – by about 40% on a global basis. As pointed out in this article, Bloomberg’s global bond index is down 4.9% in April – its worst month since its inception in 1990. And few believe that the greater than anticipated downtrend ends here
