The yield on 10-year Treasuries is trading at its lowest level since mid-November, or little changed since the upset victory by Donald Trump on November 8. Photo: AFP
Opinion
Opinion
Macroscope
Why everybody was wrong in calling the bond market
‘This would not be the first time that investment strategists calling an end to the 30-year-long bull run for fixed income misjudged the market’
The yield on 10-year Treasuries is trading at its lowest level since mid-November, or little changed since the upset victory by Donald Trump on November 8. Photo: AFP