March 29, 2024

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Business The Solution

Global Bonds Are On Cusp Of Bear Market As Fed Faces Reckoning

The global bond index has already slumped 16% in 2022, more than three times the size of the next biggest annual loss since 1990, after supply snarls, surging commodity prices, and rebounding consumer demand caught central bankers off guard, causing them to play catch-up on inflation.