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Brace Yourself: The Bond Rally Is "Over"
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Two of the world’s biggest investors predict the three decade long bond rally is coming to an end. Warren Buffett and Bill Gross are sceptical about further gains in the fixed income market.
Hints from the US Federal Reserve that it may scale back its quantitative easing programme have caused bond yields to rise across the board. For the first time in 18 months yields on 10 year US treasuries rose above the rate of inflation; Is it a sign the bull run is over or is it just a temporary pause in the upward move?