Investment Titans Seize Opportunity in Bond-Market Crash

Bond prices have experienced a significant slump since the start of the pandemic, but there are signs of a comeback in recent weeks. US Treasury prices have staged a mini-comeback, and benchmark 10-year yields have cooled off after reaching a 16-year high. Investors, including Warren Buffett and Stanley Druckenmiller, have shown interest in shorter-duration bills, indicating a potential end to the bond market rout. The Federal Reserve's indication of holding rates high until 2024 and concerns about a potential US recession and geopolitical volatility have contributed to the appeal of bond prices.