Bond markets in full tantrum or panic mode

Bonds sold off sharply again overnight on global inflation fears.

Fri, 26 Feb 2021

TLDR: Bonds sold off sharply again overnight on global inflation fears, pushing market interest rates to one-year highs and fuelling another slide in US stocks. New Zealand’s 10-year government bond yield rose to a near two-year high on concern the government’s directive to the Reserve Bank to consider housing affordability would stop the central bank from buying lots more bonds to keep interest rates down.Here are five things worth knowing this morningTantrum or justified panic? Global bond markets are in full retreat this mor...

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