Bond History Reveals Rate Secrets That Fed Doomsayers Don't Get
- Rate increases since 1979 show long-term U.S. debt outperforms
- ‘Not the start of a bear market,’ according to JPMorgan's Tan
Bond Investors See More High-Yield Trouble
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There’s been plenty of prognosticating about what will happen to the bond market’s unprecedented bull run once U.S. interest rates start rising from rock-bottom levels.
A quick scan of history provides plenty of support for the optimists.