The bond bull run isn't over

Calls of a turn in bond markets are growing louder, and while much depends on policymakers it may well be that bond yields could continue rising.

The end of the 30-year bull markets in bonds has been proclaimed more times than supposed sightings of Elvis. But just as every resurrection of the King turned out to be false so it has been with bond markets as yields in US, German and UK government debt have ground ever lower.

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