Reported 2 months ago
Global bonds have reversed their earlier losses this year due to increasing concerns over the US economic outlook, leading to heightened demand for fixed-income assets. A Bloomberg index tracking global sovereign and corporate debt has gained 1% in 2024, recovering from a 4.6% drop, with significant gains following disappointing US payroll data. The changing dynamics are prompting traders to anticipate Federal Reserve rate cuts, though some market analysts caution against potential volatility.
Source: YAHOO