Global Bond Markets Go ‘Mad’ as Everything Rallies at Once

davfor

Here is a quick look at the current state of the global bond markets including a discussion of why those negative rates make sense to bond traders.....

Take negative-yielding debt. Often cast as the poster child for financial repression, it’s in line for gains as inflation goes AWOL. If anything, the concern is that with price pressures so muted and growth so weak, yields can keep falling and locking in rates now may pay off.

https://bloomberg.com/news/articles/2019-03-27/bond-world-has-gone-mad-in-55-trillion-everything-rally

Old_Skeet

Thanks for posting this perspective.