Bond Market Regime Change Threatens Traditional Investment Portfolios

Joshua D. Glawson of Money Metals Exchange is warning investors about a fundamental shift in the bond market, which could reshape gold investing for years to come.

Glawson argues that the U.S. Treasury market has entered a long-term structural transition, where private investors are increasingly determining bond prices rather than central banks.

This shift changes how Treasury markets function and could lead to persistently higher interest rates and lower bond prices over many years, according to legendary bond analyst Jim Grant.