Despite War, U.S. Bond Markets Are Indicating Inflation Is More Urgent
February 28, 2022 at 11:36 AM EST
The invasion of Ukraine by Russia last week saw U.S. government bonds fall temporarily, but they closed the week having recovered from the drop, with the 10-year Treasury note closing at 1.984%, almost its highest since the pandemic’s onset, reports the Wall Street Journal. War generally drives...
