Bond markets could be in for something of a rebound after their record plummet, with investors looking for signs that U.S. inflationary pressures have touched their peak.
Global bonds have racked up a record straight nine months of losses, with April being the worst ever, according to data stretching back to 1990. But fund managers are already pointing to signs of a change in the inflation and economic growth outlook that could help boost market sentiment.
Data this week are likely to show that U.S. consumer prices rose 8% from a year earlier in April, according to Bloomberg economists including ...