Stagflation narrative -> things pretty wild in bond markets recently. Long bonds have surged in price (stagnation) as short sell

Stagflation narrative -> things pretty wild in bond markets recently. Long bonds have surged in price (stagnation) as short sell off (inflation). Are markets overreacting in anticipating a central bank overreaction?
ft.com/content/101ad1… https://t.co/2sfx50f64k

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