Economics

Global Bonds Post Biggest Two-Week Loss in Quarter Century

  • Trump is ‘game changer’ for government debt markets: Mirae
  • Question is to what extent policies will be implemented: SEI

Yellen Says Rate Hike 'Relatively Soon': Then What?

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Bonds around the world had their steepest two-week loss in at least 26 years as President-elect Donald Trump sends inflation expectations surging.

The Bloomberg Barclays Global Aggregate Index has fallen 4 percent since Nov. 4. It’s the biggest two-week rout in data going back to 1990. Federal Reserve Chair Janet Yellen contributed to the decline by saying Thursday an interest-rate hike could come “relatively soon.”