Global Bond Market Decimated; Future Performance ‘Policy Dependent’

Global Bond Market Decimated; Future Performance ‘Policy Dependent’
A trader works at his post on the floor of the New York Stock Exchange in this undated photo. Richard Drew, File/AP photo
|Updated:

Since hitting their peaks last year, stocks and bonds have been hemorrhaging amid soaring inflation, rising interest rates, and war in Eastern Europe.

The leading U.S. benchmark indexes are deep in the red year-to-date. The Dow Jones Industrial Average has slumped about 6.3 percent, the Nasdaq Composite Index has plunged about 17 percent, and the S&P 500 has tumbled nearly 10 percent.

Andrew Moran
Andrew Moran
Author
Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."
Related Topics