How Will The Bond Crash Hit The Global Economy?
The global bond bloodbath that has ensued since Donald Trump was elected as President of the United States has come as a surprise to many market participants. While some notable hedge fund managers and Wall Street analysts have been warning about the state of the bond market for some time, few expected Trump to be the catalyst that would send yields higher.
Also see JHL Capital’s James Litinsky: A One Percent Rate Hike Could Cause A $10 Trillion Crash
One widely reported estimate is that the value of global bonds has fallen by more than $1 trillion over the past week. The capitalization of Barclays “Multiverse” global bond index is around $1.5 trillion lower...

