A global bond market warning arises as junk-rated debt surpasses top-rated AAA debt for the first time in history. Historians will look back in astonishment that this wasn’t front page news.
Historians will look back in astonishment that this wasn’t front page news. — Wolf 🐺 (@WorldByWolf) October 12, 2023 After a brief break in the last few days, we are back to the new normal: Stocks and bonds being positively correlated, particularly during down days. One thing seems evident: We are no longer in the …