Tag: Bond Market
-
The Global Bond Bear Market: Worst Year for Fixed Income in Centuries
The worst year for bonds in at least 250 years erases $10 trillion in value, breaks the 60/40 portfolio, and ends the assumption that government bonds are safe assets. Why the four-decade bond bull market is over and what replaces it.
-
UK Mini-Budget Crisis: When Fiscal Policy Breaks the Bond Market
£45 billion in unfunded tax cuts triggers the most violent gilt market sell-off in modern history, a pension fund margin call cascade, emergency BoE intervention, and the fastest fall of a Prime Minister in British history. A masterclass in how fiscal policy can break a bond market.
-
Evergrande Crisis: China’s Property Sector Implodes
China’s most indebted developer teeters with $300 billion in liabilities. Why the Lehman analogy is wrong, but the Japan analogy deserves serious attention as the world’s largest property market begins a structural adjustment.
-
The Inflation Debate: Team Transitory vs. Team Persistent
Khan Capital | February 2021 Key Takeaways The most important debate in markets right now is not about valuations, nor about whether the post-pandemic recovery will be V-shaped or K-shaped. It is about inflation. More precisely, it is about whether the inflationary pressures now building across the global economy are a temporary consequence of pandemic…
-
Fed Goes Nuclear: Zero Rates, Unlimited QE, and Emergency Facilities
Zero rates, unlimited QE, nine emergency facilities, and the first-ever corporate bond purchases: the Fed deploys the most powerful monetary intervention in its 107-year history. What it means for markets, moral hazard, and the decade ahead.