They’re the highest they’ve been in years but are bonds cheap enough to buy here? Two strategists disagree
AI Summary
The bond market is seeing yields reach levels not seen in years, sparking debate among strategists about whether these bonds are a good buy. Barclays suggests that while bonds are at fair value, they aren't quite cheap yet. This discussion matters because bond yields influence everything from mortgage rates to corporate borrowing costs, and investor sentiment can have a ripple effect on the broader economy. The disagreement hints at differing views on the future trajectory of interest rates and economic growth.
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