Bloomberg/Enda Curran, Jana Randow, and Jonelle Marte/10-25-2022
“The bond market is enduring its worst selloff in a generation, triggered by high inflation and the aggressive interest-rate hikes that central banks are implementing. Falling bond prices, in turn, mean paper losses on the massive holdings that the Fed and others accumulated during their rescue efforts in recent years.”
USAGOLD note: Can a central bank go belly up? Just asking…… Using TLT as an indicator, Treasuries are down by over a third over the past year.
TLT – Treasury Bond ETF
(%, one year)
Chart courtesy of TradingView.com