Tariff Turmoil Has Split the Bond Market in Two
In This Article:
Tariffs have given the Treasury market a split personality. The yield on the benchmark 10-year Treasury note fell to a low 3.85% before Monday’s U.S. trading began but rocketed above 4.5% Friday. “It just seems like a capital flight right now,” said Brian Rehling, head of global fixed-income strategy at the Wells Fargo Investment Institute.
Terms and Privacy Policy