You are here

Bond market now is like a miscalibrated, unreliable speedometer

New York

THE financial media tend to report breathlessly about what the stock market did yesterday. But savvy economic analysts have always known that the bond market is the place to look for a real sense of where the economy is going, or at least where the smart money thinks it is going...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to