Our own Jeff Malec went solo on the Derivative last week, dishing on all sorts of topics from ski races to conferences. But one topic caught our eye in particular, talking bonds.
And particularly bonds in times of war. Last month, when the U.S. began military strikes on Iran, markets delivered a reminder that the old playbooks do not always apply.
Equities sold off. Oil surged higher. And U.S. Treasuries, historically one of the market’s go-to safe havens during geopolitical stress, declined as...
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