TYNS - The Bond Bear Market That Never Came
During most of 2018, as the stock market seemingly drifted higher each day, equity bulls were empowered to make renewed calls for the end of the bond bull market that has been ongoing since the 1980's when the 30-year Treasury rate was north of 15%. There were also several name notable investors, legends by some accounts, that definitively claimed the bond bear market had officially started. Bill Gross, Paul Tudor Jones, and Jeffery Gundlach, just to name a few, made aggressive arguments for interest rates that are substantially