

Wall Street is eyeing the bond market's long summer slump as oil price soar and debt levels escalate.

U.S. and U.K. 10-year government-bond yields rose to two-month highs while the equivalent German yield hit its highest level since 2011 as escalating clashes in the Middle East lifted Brent crude close to $100 a barrel.

Investors are returning to the bond market in force, driving fixed-income ETFs toward another record year as higher yields make bonds attractive for income-seeking investors once again.

This market is in a three-way “tug-of-war”—and it's set up some sweet deals on our favorite 9%+ dividends.

Bond ETF inflows are running 60% ahead of last year's level, which was itself a record pace, a rise that a BlackRock executive described as "shocking" to CNBC. Elevated stock market volatility, a new Fed chair, and ongoing inflation fears are all part of the picture as investors in the market hunt for maximum "real yield.

The U.S. Federal Reserve is becoming tougher for Wall Street to forecast, with dramatically different views on where monetary policy is headed.

Lindsay Rosner, who runs multi-sector fixed income at Goldman Sachs Asset Management, went on CNBC this morning to translate

The early 1970s made for interesting times. Political turbulence amid the Vietnam War, cultural rebellion, and escapist entertainment were rampant.
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