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
Nicholas Spiro
Opinion

Opinion

Macroscope by Nicholas Spiro

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’

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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
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