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 was originally published by marketwatch.com. Use the link below to read the full article at the source.
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