The record-breaking global bond market rally since the start of this year has fizzled out as mounting signs of persistent inflation force investors to reverse their views on the likely future path of interest rate rises.Investors rushed into fixed income in the first few weeks of 2023 as they became increasingly expectant that the US Federal Reserve and other major central banks would soon end their aggressive campaign of monetary policy tightening.
全球債券市場自今年初以來的創紀錄漲勢已經消退，顯示通脹將會頑固高企的越來越多跡象迫使投資者逆轉其對央行加息路徑的預測。
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