The Weekly Fix: Humungous Test for the Bond Market’s Big Short

The Weekly Fix: Humungous Test for the Bond Market’s Big Short

Welcome to the Weekly Fix, the newsletter that thinks this monetary versus fiscal relationship is about to get really complicated.  –Emily Barrett, now Asia FX editor, on the other side of the world.The VoteThe theory that the U.S. election will clear the way for a deluge of fiscal spending that will propel yields higher may still hold, but... pandemic.The virus showed us yet again this week that it's in charge. Global yields had only just started climbing, with polls suggesting Democrats have a shot at a