FYI: Investors piled into bonds in the first few months of 2019, buying everything from Treasurys to riskier corporate debt as a newly supportive Federal Reserve eased concerns about rising interest rates and the potential for a near-term recession.
Now, a sharp drop in Treasury yields has stirred a debate among investors about whether to take heart from the Fed’s pivot to a more growth-friendly posture or be wary of the potentially troubling causes that prompted the central bank’s shift.
Regards,
Ted
https://www.wsj.com/articles/debt-investors-at-a-crossroads-as-fed-pivots-11554030000
