A grizzly bear and her cub take a stroll in Yellowstone National Park in Wyoming. While there are fears of a fixed-income bear market, inflation and wage rates offer a different picture. Photo: AFP

Why a rising US Treasury yield and a hawkish Fed do not mean a bond bear market is around the corner

Nicholas Spiro says the recent bond sell-off seems to have been fuelled mainly by expectations of a more aggressive Fed, but without a sharper and sustained increase in inflation, a bear market is unlikely to materialise

Topic |   Macroscope

TOP PICKS

A grizzly bear and her cub take a stroll in Yellowstone National Park in Wyoming. While there are fears of a fixed-income bear market, inflation and wage rates offer a different picture. Photo: AFP
READ FULL ARTICLE