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That Haven Trade in Treasury Bonds Didn’t Last Long

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That Haven Trade in Treasury Bonds Didn’t Last Long Inflation, hawkish Fed are pushing yields higher. This article is for subscribers only. Just when global bond investors were starting to believe the worst of this year’s selloff was over, surging Treasury yields are making them think again.

That Haven Trade in Treasury Bonds Didn’t Last Long Inflation, hawkish Fed are pushing yields higher. This article is for subscribers only. Just when global bond investors were starting to believe the worst of this year’s selloff was over, surging Treasury yields are making them think again. Stubborn inflation and hawkish rhetoric from Fed policymakers have traders bracing for more aggressive interest-rate hikes, while growing debt supply adds to the upward pressure on yields. The selloff persisted even as turmoil around Nvidia rattled stocks and risk sentiment, undercutting hopes that Treasuries had reclaimed their traditional haven role.
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Originally published by Bloomberg Markets Read original →