scorecardresearchGlobal Bond Index Tumbles Toward Bear Market on US Fed Push-Back

Global Bond Index Tumbles Toward Bear Market on US Fed Push-Back

Updated: 30 Aug 2022, 03:11 PM IST
TL;DR.
Bonds are sliding toward the first bear market in a generation, burning investors who erred in bets that central banks would pivot away from rapid interest-rate hikes.
Traders work on the floor at the New York Stock Exchange in New York, Friday, July 1, 2022. Stocks are off to a weak start on Friday, continuing a dismal streak that pushed Wall Street into a bear market last month as traders worry that inflation will be tough to beat and that a recession could be on the way as well. (AP Photo/Seth Wenig)

Traders work on the floor at the New York Stock Exchange in New York, Friday, July 1, 2022. Stocks are off to a weak start on Friday, continuing a dismal streak that pushed Wall Street into a bear market last month as traders worry that inflation will be tough to beat and that a recession could be on the way as well. (AP Photo/Seth Wenig)