Why bonds might be more important than stocks

The bond market moves three times as much money as the stock market. But it’s boring. The “sure thing” with a steady if modest return and low risk. So we hardly ever hear about it. But in this unprecedented economic era, where supply chain woes meet inflation and the threat of recession during a global pandemic, even the bond market has suffered.To demystify the world of bonds, The Globe’s feature writer Ian Brown is here. He speaks to us about how bonds work, how they play into today’s economy, and why the foundation they’re built on may be cracking. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.