Global Bonds Slide as Failure of Talks Adds to Inflation Fears


Risk that higher energy costs will add to already elevated price pressures, delaying Federal Reserve interest-rate cuts, is front of mind for investors in the $31 trillion Treasuries complex. Traders and strategists at Pacific Investment Management Co., Brandywine Global Investment Management, and Natixis North America are bracing for yields to remain elevated — and many are reluctant to make big shifts in their allocations until there is greater clarity on the inflation outlook.



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