Bonds Becoming "Irresistible" To Big Buyers, Prices Headed Higher
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Bond yields have weakened recently, making November the best month for global bonds since 2008 and for US bonds since 1985.
Is this the start of a recovery in the bond market, which has been battered and bruised for the past 3 years running?
Or, is this just a temporary reprieve?
To find out, we have to good fortune to hear from bond expert Alf Peccatiello of The Macro Compass.
Alf sees inflation coming down, which is making today's 4-5% Treasury yields extremely attractive to today's large institutional buyers who want to lock them in. He sees bonds prices doing very well next year.
Video Length: 01:25:55
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