It’s America’s Turn To Inflate The Bond Bubble, Goldman Says

It’s America’s Turn To Inflate The Bond Bubble, Goldman Says

Thursday was one of the worst days for bonds in recent memory as a combination of decent data, corporate supply, trade optimism and a bearish impulse from Europe catalyzed a rout stateside. It was among the worst days for TLT since Trump's election, and it came just days after the vehicle wrapped up its second-best month since the crisis. Five- and 10-year yields jumped the most since January 4, when Jerome Powell kicked off the Fed's dovish pivot which culminated nearly 7 months later in the
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