The #BondMarket is dying right before our wide-open eyes.
If this seems hard to believe or “sensational,” just consider what Bank of America already knows, namely that global government bonds are poised to record their 6th worst annual return since 1700. Yes, 1700. pic.twitter.com/55ocVfdU7Y— Egon von Greyerz (@GoldSwitzerland) December 30, 2022