Bond-Market Crash Has Wall Street Divided on What’s Next
Have Riskier Assets Become the New Safe Haven?
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Maybe, just maybe, this whole bond rout is ending.
The global selloff that’s set investors on edge finally slowed last week, and some analysts are saying the worst is over. Treasuries look fairly valued given the outlook for inflation and interest rates, according to Bank of America Corp. -- although with plenty of caveats. In Germany, options traders convinced a bund-market crash was all but inevitable less than two weeks ago have scaled back most of those bets.