US EditionThe geyser era of bond markets has arrived – and portfolio managers must be alert
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The geyser era of bond markets has arrived – and portfolio managers must be alert
After many years of relative bond market tranquillity, we’ve grown complacent. Yields fell. Prices rose. And risk? Well, that always seemed like someone else’s problem. The great bond bull run, a defining feature of the last three decades, has quietly come to an end. Gone are the days when central banks served as omnipresent guardians
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