Five reasons for a potential bond rout reversion in 2022

With the current global bond market climate experiencing huge losses throughout 2022, T. Rowe Price considers five factors driving the economic downturn in this market not seen since records began in 1990. The article explores the role of portfolio protection, robust institutional demand, portfolio positioning, near positive real rates, and rising and tightening Fed rates as the dominating factors for global bond market loss, and why these are leading to a bond bout reversion.