Rare bear market in bonds strips investors of safe haven
https://apnews.com/a3e417da569860fa07b0e9275065b3db
NEW YORK (AP) — A rare bear market in bonds hasn't gotten much attention, but it may be inflicting more pain on investors than the downturns for stocks, cryptocurrencies and other investments.
Investment-grade bonds — those issued by governments and corporations with good credit ratings — have fallen more than 20% from their peak in January 2021. That may not sound like a big deal when large U.S. stocks tumbled 20% within roughly six months and Bitcoin halved in value this year alone.