Clouds of war gather between the US and Iran, but the bond market is betting on a "2022-style rate hike"? UBS: That's unrealistic
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Tensions in the Middle East are driving global bond yields higher, and the market has begun to bet that major central banks will repeat the coordinated rate hikes of 2022. But UBS Chief Strategist Bhanu Baweja warns that this logic is fundamentally flawed.
In an interview with Bloomberg TV, Baweja