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Lyn Alden, founder and CEO of Lyn Alden Investment Strategy, states that the recent increase in bearish sentiment toward bonds comes as no surprise. She highlights that the yield curve remains flat and that nothing is fundamentally broken in the bond market.
However, Alden also observes that the growing discussion about the bearish move could eventually shift her stance toward a more neutral outlook on bonds.
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Alden has previously discussed the impact of fiscal policy on inflation, referencing a memo from Howard Marks addressing related economic issues. In another commentary, she reflected on rapidly rising yields and stress in the global financial system. These earlier comments provide context for her current view on bond market sentiment.