Global Bonds Climb 20% From 2022 Low With Fed Set to Resume Cuts

Global Bonds Climb 20% From 2022 Low With Fed Set to Resume Cuts
Bloomberg’s GlobalAgg Index, which tracks sovereign and corporate debt across developed and emerging markets, has climbed to its highest level since March 2022 amid a broad fixed-income rally. Traders are widely expecting the Fed to cut rates next week, with some wagers pointing to a half-point move. Bonds have gained ground as central banks slash borrowing costs in response to... ...

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