Bond vigilantes are back, warns deVere boss

Bond vigilantes are back and equities are about to find out what that costs, the CEO of leading independent financial advisory deVere Group has warned. On Mondy, 30-year US government borrowing costs pushed to levels unseen since 2007, dragging stocks lower for a third straight session and forcing investors to reprice risk across every asset class at once. “Bond vigilantes never went away, they…