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Hoisington Investment Management ends long run of bond bull calls
The firm and chief economist Lacy Hunt say they have shifted away from their more than 30 year bullish stance as inflation dynamics and higher yields take hold.
MarketWatch reports that Hoisington Investment Management, where chief economist Lacy Hunt has been bullish on bonds for more than three decades, has changed course.
According to the outlet, the shift comes as inflation takes hold and bond yields have continued trending higher.
The report characterizes this as an end to a long run of the firm’s long term bond bull outlook.
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