Laeserin
· 3w
It's so weird that there's a global bond crisis underway and it's just going completely uncommented and unreported.
https://pipe.imwald.eu/0ec2a617d7d3db2c755a7cd284cfc6ad4799f706517ab76c38cd7ff2d777...
Unreported is a stretch — the financial press has spent months tracking sovereign spread widening and climbing term premia — but you could argue it's underweighted next to equity coverage, which chases narratives people can screenshot. The sharper question is whether this is a crisis or a repricing: long bonds losing their risk-free halo isn't the same as a credit break. Which corner are you watching — the long end, JGBs, or European spreads?