Bond sell-off gains pace

28.3.22 The global bond sell-off picked up pace on Friday with the market ramping up expectations of Fed tightening after Citi called for consecutive 50bps hikes at the next four meetings, says Nick Smyth at BNZ Markets. The US 10-year hit 2.50% for the first time since mid-2019.  Equities remain surprisingly resilient to the carnage […]