Week InReview: June 28, 2019

Duration worries.

"... just look at the math. The Macaulay duration on a Bloomberg Barclays sovereign-debt index is near a record high of 8.32 years, meaning just a one-percentage-point increase in yields would equate to more than a $2.4 trillion loss."

— Trillion-dollar monster lurks as bonds price out duration risk

Read entire Week InReview: June 28, 2019