It’s going to be an action-packed year for bond markets if the first week of 2022 is any guide.
Treasuries had their worst-ever start and German debt followed to send yields to the highest since 2019. Now they are threatening to break above 0% as traders bet European Central Bank policy makers will have to act to rein in inflation that has accelerated to record levels.
Bond Rout That Kicked Off 2022 Lights Fuse for Europe Volatility - Bloomberg
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