Wall Street Still Sees ‘Year of the Bond,’ Just Not Every Month
- January’s optimism about Fed pause gave way to inflation fears
- And 2023 may not be kind to every bond in all debt markets
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If 2023 is the “year of the bond,” it may not mean every day, or every bond, Lindsay Rosner, portfolio manager for multi sector strategies at PGIM Fixed Income, told Bloomberg Television’s The Open on Thursday.
“This is the year of the bond, but it’s March, and we never said it’s going to be a straight line,” Rosner said. “We’re a couple of months in and we have a long way to go.”