There’s No Such Thing as a Free Lunch
March 15, 2021 at 07:00 AM EDT
By Kevin Flanagan, Head of Fixed Income Strategy Without a doubt, the biggest story in bond-land, if not the financial markets in general, thus far in 2021 has been the spike in the U.S. Treasury 10-year yield. This increase has been fueled by a variety of factors, but there is one aspect that has...