Major Firms Are Saying the Stage Is Set for Another Crisis in the Bond Market

Are We Headed for a Bond Market Crisis?

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The stage is set for another financial crisis to unravel years of relative calm in debt markets.

At least that’s how firms from UBS Group AG to Invesco Ltd. see it. Here’s why: Prices in the world’s biggest bond market are swinging and the plunge in oil is sinking the economies of nations from Venezuela to Nigeria.