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Bond price volatility spikes as Fed, central banks expected to cut rates
Long-term yields are so low that they have priced in slowing growth, inflation
Published Thu, Jun 13, 2019 · 09:50 PM
London
GLOOMY investors are buying low-yielding bonds as they fear that the United States and global economies are slowing.
Bond price volatility and gold prices have risen as bond market participants expect the US Federal Reserve and other central banks to slash rates to counter a potential recession.
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