Turbulence, bubbles, toil and trouble

January 27, 2011 12:00 AM

For much of 2010 bond investors just had to sit back and watch yields fall to record lows. The end of year sell-off will have caught many on the hop. Is this a setback or a sea-change? Andrew Capon of State Street Global Markets’ research team believes the days of plain sailing are over.

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