The Debate Over the Next Move in Bonds Has Never Been Fiercer
- Warnings of downward spiral in bond prices aren’t hard to find
- But bulls see opportunity on view inflation, growth to ebb
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It isn’t hard these days to find investors trumpeting the demise of the decades-long bull run in Treasuries.
But after the worst quarter since 1980, the bulls are ready to grab back some of the limelight. The result is that the debate about the next step in the world’s biggest bond market -- one with far-reaching implications for all asset classes -- is only intensifying.