Steve Hou: Bond yields surge in recent weeks not ordinary or justified

Steve Hou: Bond yields surge in recent weeks not ordinary or justified
Bond yield surge not justified, Hou says

Steve Hou described the recent surge in bond yields as neither ordinary nor justified. He also reflected that expectations from 2022 for a return to pre-COVID rate levels did not materialize, and highlighted that interest rates have now remained higher for an extended period, referencing a span of about four years.

Hou has previously commented on developments beyond fixed income markets. Last year, he reported that Nous secured a $1.5 billion series B funding round led by Robot Ventures. In a separate analysis, he described technology as the strongest part of the current cycle.

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