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Jack Malvey, Bond Market Expert Who Worked at Lehman, Dies at 72

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John “Jack” Malvey, a respected figure in the bond market whose decades in the industry included a long run as Lehman Brothers Holdings Inc.’s chief strategist in fixed income, has died. He was 72.

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Bond Market Volatility and its Impact on StocksAs U.S. interest rates rise and bond yields reach new highs, stocks may be affected by bond market volatility. A calm bond market is crucial for all markets as borrowing costs are tied to Treasury yields. Higher volatility leads to higher risk premiums and discount rates on financial assets. The current level of bond market volatility is relatively low but has increased recently.
Source: globebusiness - 🏆 31. / 66 Read more »