After a yr of huge swings and quite a few head fakes, the U.S. 10-year yield is poised to finish 2023 virtually precisely the place it started. It is an virtually farcical conclusion to 12 months of buying and selling ...
Bond merchants are lastly heeding one of many market’s oldest classes: Do not combat the Fed.? Because the Federal Reserve pushed by its steepest interest-rate hikes in a long time, traders?constantly misjudged?how far it might go, handing them steep losses ...