The Weekly Fix: Pivot Is the Watchword as Bonds Rally Before Fed

Welcome to the Weekly Fix, the newsletter that believes bears should never overstay their welcome at picnics. I’m Bloomberg’s chief rates correspondent, Garfield Reynolds

After a torrid period where Treasuries matched their longest weekly rout on record, the bond market was due at least some relief. In the event, this week’s rebound gathered notable momentum as central bankers signalled they may finally be ready to slow down the pace of global tightening.