Last week, the bond market sold off modestly after a week of strong gains due to safety big from the coronavirus outbreak. Going forward, expect a return to a slow, disciplined selloff, reminiscent of that which occurred in the second have of 2019. This is due to stabilizing growth expectations and stable policy actions from the major central banks.
No Federal Reserve presidents made key speeches this week. There were, however, other speeches for international central banks.
In an interview, ECB Vice President Luis de Guindos argued that the EU region needs to rethink the