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The bond market is weird: Theme of the Week

Bloomberg Opinion Today
Bloomberg

What the heck is going on with the bond market?

The global slide in bond yields has analysts and traders confused. With trade tensions persisting, worries about the global economy increasing, the U.S. economic recovery chugging along, and inflation rates low or declining in Japan and the euro zone, bondholders are understandably getting a bit worried. Toss in some dovish signals from the Federal Reserve, and you've got the right conditions for a perfect storm of concern. Bloomberg Opinion writers chased the darkening clouds this week.

Sovereign Wealth Funds Love Bonds Now. But Why? – Brian Chappatta

The Bond Market Is Now a Giffen Good – Komal Sri-Kumar

Bonds Suggest a Ceiling for the Stock Market – Conor Sen

Lower Earnings, Lower Rates and Lower Multiples – John Authers

Those Poor U.S. Bond Auctions Are Adding Up – Robert Burgess

Italy and Austria Take the Bond Market to a Very Weird Place – Marcus Ashworth

Jerome Powell Just Locked in a July Rate Cut – Brian Chappatta

The Fed Satisfies Fewer and Fewer These Days – Mohamed A. El-Erian

Powell and the Fed Have Zero Control Over the Long Bond – Robert Burgess

Who Can Pay Venezuela's Debts? – Matt Levine

U.S. Yields at 3%? Franklin's Making Too Much Sense – Brian Chappatta

This is the Theme of the Week edition of Bloomberg Opinion Today, Sunday's roundup of our biggest commentary topic this week. New subscribers to the newsletter can sign up here.

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