By Alexander Jones, International Banker
According to research by Edward McQuarrie, a professor emeritus at Santa Clara University, 2022 was the worst year ever for the bond market in the United States since records began. And with nearly 10 months of this year witnessing bond values plummet further, one might expect 2023 to be on course to eclipse that record and decisively extend the worst bear market in history. While this may still transpire, a broad reversal in bond yields . . .
Black Hot Fire Network
November 29, 2023