Global Bond Rout Is Getting Messier and Weirder
The monthslong rout in global government bonds is becoming increasingly unpredictable, with bonds of most developed economies diverging on Thursday. U.S. Treasury yields declined as investors sought safety.
The monthslong selloff in global government bonds is becoming messier and more unusual. For weeks, government bonds across most developed economies had been moving broadly together, but that pattern broke on Thursday. S. Treasury yields lower…