No Escape From Biggest Bond Loss in Decades as Fed Keeps Hiking

No Escape From Biggest Bond Loss in Decades as Fed Keeps Hiking

Business
September 4, 2022 by secret
271
[ad_1] (Bloomberg) — Investors who might be looking for the world’s biggest bond market to rally back soon from its worst losses in decades appear doomed to disappointment. The US employment report on Friday illustrated the momentum of the economy in face of the Federal Reserve’s escalating effort to cool it down, with businesses rapidly