The bond crash of 2021? Seven things for investors to consider
The bond crash of 2021? Seven things for investors to consider Key points Higher bond yields are normal in economic recovery and should not be a major problem for shares if they are matched by rising earnings. But too rapid a rise in bond yields risks driving a deeper correction in shares. Central banks want higher inflation but will look through any short-term spike. The 40-year downtrend in inflation and bond yields is likely over. …