After peaking in the spring, benchmark bond yields fell with markets anticipating a Fed Taper. And with countries weighed down by debt, the current V-shaped economic recovery could give way to more moderate growth. Plus, Christine Tan, AVP, Portfolio Management & Portfolio Manager, discusses the battle of vaccines versus variants.
With yields climbing, bond prices have been falling. And investors may see volatility increase in the bond market if interest rates rise in the coming months. As well, with inflation running at nearly 5%* real bond returns (adjusted for inflation) are deeply negative.
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