Bond markets to call tune on US rates – again

Since mid-2015 investors have experienced some of the wildest market volatility since the 2008 global financial crisis. In fact, the final throes of Year of the Goat represented the worst start to a calendar year for markets since the Great Depression in the 1930s, with equity prices plunging globally amid concerns over China. So as we enter a fresh lunar cycle, there are plenty of questions to keep investors awake at night. Will depreciation of the renminbi and further US interes…