Gathering Risks Have Yields Headed for Recession Zone
- Yields have moved near lows reached in second half of 2019
- Virus, equity losses, political risks could spur haven buying
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(Story originally published on Feb. 1 has been corrected to amend strategist affiliation in fourth paragraph.)
The world’s largest bond market looks set for yet another bout of fear-induced trading next week, and this one could drive yields back to the panicky lows reached a few months ago.