The bond market is entering a new era

Get the Full StoryDon't think you can accurately predict inflation.

Still, the bond market is pricing in 4 rate increases, which the Fed says will happen in 2018.

The correction in equities is a lesson for the bond market.

With a steady repricing of global bond markets having contributed to a sharp plunge in global stock markets, there could be a whiff of a new era in the air. Given the failure of both markets and central banks to forecast inflation accurately, we should all be humble about the level of precision attached to the timing or nature of the bond market’s next chapter. What we can say is that any such shift will likely be cyclical rather than secular.

After a material repricing of 10-year U.S. Treasuries since September 2017, four factors argue against an imminent regime change in major global bond markets.See the rest of the story at Business InsiderNOW WATCH: 5 common 'facts' about Earth that everyone gets wrongSee Also:US Treasurys and the dollar are falling in tandemHere's how to get out in front of the Treasury's 1 trillion bond issuanceThere's a key driver behind the depreciating US dollarSEE ALSO: These are the leading credit card processing companies