Fears of a global selling spree spook investors in bond markets
(WorldNews Business)

For nearly a decade, central banks around the world have been the biggest buyers of bonds, sending interest rates plummeting and stock markets soaring. Now, investors are starting to worry about what would happen if the richest nations start to scale back on a buying binge that most of them began to stimulate economies hurt by the global financial crisis. The most immediate fear: A sharp falloff in bond prices would rattle equity markets that are now trading at record highs. Beyond that, there is a looming concern that as the global economy heats up, inflation, a bond investor´s main worry, will start to inch up, fed by higher wage demands on the part of workers everywhere. ......