Weekly Strategy Perspectives: Bonds Behaving Badly

BMO Private Wealth - Apr 02, 2026

Fixed income markets have had a rough go of it in the last couple months.

office buildings with stock ticker line graph superimposed

“’Never try to time the bond market. Anyone who claims to know the future of interest rates is certifiable.
– Jane Bryant Quinn

The Through Line: Fixed income markets have had a rough go of it in the last couple months. Instead of serving their traditional role – as steady, safe-haven investments during a period of heightened macro/geopolitical angst – bond prices have gyrated between competing storylines. Will the disruption in energy prices sparked by the Middle East conflict lead to temporary price increases, or will it ripple through more broadly and sustainably, dragging down global growth prospects? We parse what’s happened and what the future may hold for this important asset class.

To read the full report, click here.

 

 

BMO Private Wealth is a brand name for a business group consisting of Bank of Montreal and certain of its affiliates in providing private wealth management products and services. Not all products and services are offered by all legal entities within BMO Private Wealth. Banking services are offered through Bank of Montreal. Investment management, wealth planning, tax planning, philanthropy planning services are offered through BMO Nesbitt Burns Inc. and BMO Private Investment Counsel Inc. If you are already a client of BMO Nesbitt Burns Inc., please contact your Investment Advisor for more information. Estate, trust, and custodial services are offered through BMO Trust Company. BMO Private Wealth legal entities do not offer tax advice. BMO Trust Company and BMO Bank of Montreal are Members of CDIC.

® Registered trademark of Bank of Montreal, used under license.