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26min chapter
The Great Bond Bear Steepening | Alfonso Peccatiello
Forward Guidance
The Impact of Rising Interest Rates on Bond Holders
This chapter discusses the impact of rising interest rates on bond holders and the potential consequences for the economy. It explores the historical performance of bonds during periods of rising inflation and weakening economy and highlights the current bullish outlook on bonds. However, it cautions that the time horizon for positive performance might be longer than in the past.
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