Record-Breaking Treasury Market Rally Fuels Global Bond Surge
TL;DR
The US Treasury market experienced its best month since the 1980s in November, as investors drove up the prices of Treasuries, agency and mortgage debt. This surge in bond prices led to a rally across various markets, including stocks, credit, and emerging markets. Even speculative assets like cryptocurrencies saw significant gains during this period.
- US Treasury Market Has Best Month Since 1980s, Leading Stocks, Credit to Rally Bloomberg
- Bond Yields Fall on Signs Fed Is in 'Sweet Spot': Markets Wrap Yahoo Finance
- US bonds on track for best month in nearly 40 years Financial Times
- Global Bonds Head for Best Month Since 2008 Financial Crisis Bloomberg
- November Rally Sets Treasury Bonds On Track For Best Month In 40 Years - iShares Core U.S. Aggregate Bond Benzinga
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