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‘Spec-tech is getting wrecked’

FT News Briefing

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Navigating the Tumultuous Bond and Equity Markets

This chapter examines the steep decline in sovereign bond markets during 2021, marking its worst performance since 1999. It also explores the repercussions of rising bond yields on equity markets, specifically highlighting the volatility expected in 2022 as the Federal Reserve reduces market support, illustrated by Rivian's falling share price.

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