A major miscalculation by the Federal Reserve could see 10-year Treasury yields spike to 5 per cent. Photo: AP
David Brown
Opinion

Opinion

Macroscope by David Brown

The US bond market bull is at a major inflection point

‘Potentially bloated by irrational exuberance and speculative overindulgence, the bond market stands in grave danger of a major correction’

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A major miscalculation by the Federal Reserve could see 10-year Treasury yields spike to 5 per cent. Photo: AP
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