With yields on 10-year Treasurys soaring, investors are staying cautious.
Global high-grade debt markets are blazing to a record rally. Are they getting ahead of themselves?
New issues with juicier yields have offered little comfort to bond managers.
British investors fear proposed tax cuts will pour gasoline on an inflation fire, or even worse, lead to stagflation.
Sales of social bonds have been in decline this year after booming during most of the pandemic.
“Google is not going to go bust. Microsoft is not going to go bust,” money manager Stephen Yiu said.