Lyxor's Barjou: Bonds are not out of the woods yet
Florence Barjou of Lxyor
Fixed income investors could face a challenging end to the year, as the combination of shrinking central bank balance sheets and still solid growth data could be a headwind for bonds.
True, inflation has been contained for now, but in the US Treasuries are setting the tone for global bond markets and wage dynamics have been gradually accelerating. The move is not eye-catching, but...
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