Bonds Lead Rethink on Reflation as Central Banks Signal Support.

(Bloomberg) -- Investors are backtracking on reflation bets, with the bond rally extending as central banks signal continued support and stocks falling as Covid-19 variants threatened reopening prospects. "For bond investors, the outcome is quite simply bullish for now to reflect the more dovish central bank reaction function", said Peter Chatwell, head of multi-asset strategy at Mizuho International Plc. [Extracted from the article]