Bonds Market Goes Bonkers as Interest Rates Hit The Fan
Key Points
- Bond investors face a tough time as rising interest rates le...
Bond investors are having about as much fun as a cat in a bathtub right now, with interest rates climbing faster than a squirrel on espresso. The global fixed income market is experiencing what experts technically call "a massive headache," particularly after Japan's super-long bonds hit record highs following government hints at reducing new issuance.
Bond Buyers' Blues
Remember when bonds were considered "safe investments"? Well, those days are looking about as distant as your ex's Instagram posts. Japan's recent 20-year government bond auction turned into a financial ghost town, marking ...
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