US bond market gives notice it’s no longer a one-way street - Sydney Morning Herald

Traders of US government debt were dealt a stern reminder last week not to sleep on a market that’s been headed in one direction for a long time.

TD Securities recommended buying three-year Treasuries at yields near 2.75 per cent, anticipating a decline to 2.25 per cent. The thinking is that if tighter monetary policy - combined with pandemic… [+2480 chars]

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