This year’s most prominent trend in financial markets has been the bond sell-off. Bond yields from the United States to Germany have surged to multi-year highs off the back of concern about elevated interest rates and high debt levels. As bond prices move inversely to yields, this surge has sent bond prices crashing, with some analysts suggesting the crash has been one of the worst selloffs of all time.
The sudden movement in bond markets has sparked concern around the world among regulators and policymakers who have become increasingly worried about increasing levels of leverage in the financial system.
Q3 2023 hedge fund letters, conferences and more

