Worst bond losses in decades show volatility starts to sting

Government and corporate bonds around the world have tumbled in their worst start to a year this century, as markets spooked by the prospect of resurgent inflation turn increasingly volatile.
Photo: Yasuaki Kobayashi/AP/Ritzau Scanpix
Photo: Yasuaki Kobayashi/AP/Ritzau Scanpix
By Finbarr Flynn and Stephen Spratt / BLOOMBERG

The notes have lost about 3.7 percent so far in 2021, even after dip-buying in recent days, according a Bloomberg Barclays index of investment-grade securities across currencies going back to 1999. That's worse than for similar periods in previous years.

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