The bond-market rally is defying the typical investing playbook. Here’s why.
The U.S. economy expanded at its fastest clip in over five years during the third quarter, according to the Commerce Department’s initial reading on GDP. Yet despite a barrage of robust data, Treasury bonds staged a surprise rally in October.
The U.S. economy expanded at its fastest clip in over five years during the third quarter, according to the Commerce Department’s initial reading on GDP. Yet despite a barrage of robust data, Treasury bonds staged a surprise rally in October. This story matters for Finance & Markets readers tracking bond. Reported by marketwatch.com. Read the full original at the source link below.
Originally reported by marketwatch.com. BondNews.com curates and briefs the finance & markets stories that matter. Our editorial policy →
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