A salutary warning from the Bank of America in its latest market outlook. US bonds lost 1.8 per cent in May, their worst performance in three years. Is the largest and most liquid financial market in the world about to tank? The Bank of America predicts a ‘bloodbath’ in US bonds. Have we all heard so many warnings over the past few years that we miss the big one?
Bloomberg’s Manus Cranny reports on the outlook for US treasuries and quotes opinion from Bank of America…
Arabian Money
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