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PIMCO

M&G's Woolnough: Bond vigilantes have never been away

Matteo Anelli
05 October 2026
Rising yields in France, the UK and the US have put bond market discipline back in the spotlight – but has it ever really left?

Avoiding a total wipeout: Why bonds are 10x safer today than in 2022

Jonathan Jones
05 October 2026
The wipeout yield has risen from 10 basis points to 1%, giving investors a cushion.

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