There’s something strange happening in the bond market. That’s not usually a good sign.
A year ago, the benchmark 10-year Treasury yield sat above 5 per cent, as investors fretted that the Federal Reserve and other central banks weren’t making headway in the war on inflation.
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James Thomson is senior Chanticleer columnist based in Melbourne. He was the Companies editor and editor of BRW Magazine. Connect with James on Twitter. Email James at j.thomson@afr.com
