Barclays said on Aug. 28 that global bonds, despite a sustained selloff, are still not cheap enough to attract buyers. Sticky inflation and governments' reluctance to cut spending continue to weigh on the market, while the forces pushing yields higher have not yet fully played out.
Barclays said on Aug. 28 that global bonds still aren't cheap enough to draw in investors, even after a sustained selloff. Sticky inflation and governments' reluctance to trim spending continue to pressure the fixed-income market.
The bank added that while bond prices are trading closer to fair value than at any point in recent years, "the forces pushing yields higher have not yet fully played out."
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