Money in the Market: Is the bond market set to skyrocket in 2024?

A resilient US economy and cooling inflation had triggered an intense year-end bond rally. But some market watchers suspect investors are too optimistic about the months ahead. In fact, fears of a prolonged stretch of higher interest rates have repeatedly driven the yield to decade-plus highs, only for the stress on the banking system and a Federal Reserve pivot to drag it down again. So what can we expect from the bond market in the year ahead? On Money in the Market, Hongbin Jeong speaks to Carol Lye, Portfolio Manager & Senior Research Analyst, Brandywine Global Investment Management, to find out more.See omnystudio.com/listener for privacy information.