Assume that breaking news causes bond portfolio managers to suddenly expect much higher economic growth. How might

Question:

Assume that breaking news causes bond managers to suddenly expect much higher economic growth. How might bond prices be affected by this expectation? Explain. Now assume that breaking news causes bond managers to suddenly anticipate a recession. How might bond prices be affected? Explain.
Portfolio
A portfolio is a grouping of financial assets such as stocks, bonds, commodities, currencies and cash equivalents, as well as their fund counterparts, including mutual, exchange-traded and closed funds. A portfolio can also consist of non-publicly...