Long-term Treasurys sell off again as risk exits the market for the holiday break. The 10-year...
Long-term Treasurys sell off again as risk exits the market for the holiday break. The 10-year is 7 bps higher at 2.02%, and TLT gives up even more of its gaudy yearly gains. A few more days of this sort of action will see the twin asset classes of stocks and bonds much closer in performance for the year than it looked just a month ago. YTD: TLT +25%, DJIA +5.5%.
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