Didier Darcet
9 December 2022

Bonds & Commodity Exporters

When the press talks about a crash, they refer to 1929, 1987, 1998, 2000 or 2008. In short, stocks. Today, we are experiencing a different kind of crash, that of government bonds, one of the three worst events in this market over the last 150 years.

Bonds have become toxic in the developed world.

However not in another world: commodity exporters.