Securitisation, fiscal tightening, a secular decline in interest rates and shifting investor preferences have driven a 35-year bond rally which is fast reaching the end of the line. Photo: Reuters
David Brown
Opinion

Opinion

Macroscope by David Brown

It’s the end of the line for the bond market bonanza

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Securitisation, fiscal tightening, a secular decline in interest rates and shifting investor preferences have driven a 35-year bond rally which is fast reaching the end of the line. Photo: Reuters
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