Bets on the Year of the Bond Are Still on Even as Losses Return
- Inflation, strong growth cause bond-market reset in February
- While year’s gains erased, longer-term outlook seen supportive
The US Treasury building in Washington, DC.
Photographer: Ting Shen/BloombergThis article is for subscribers only.
It’s way too soon to abandon hopes for a strong bond-market rebound in 2023.
But even if plowing back into Treasuries proves to be a winning trade, sticking with it won’t be for the faint of heart.