U.S. Bonds Caught in Crosshairs of Trade War

Steve Smith

5 years ago

We all know one of the most important inputs underpinning this multi-year bull market has been historically low-interest rates. This, in turn, means bond prices, which work in inverse to yields, have also been a great performing asset.

In fact, yield on the 10-Year Treasury Note just hit 2.38%, it’s the lowest level in 18 months as investors have been pouring an inordinate of amount of money into bonds, both government and corporate, to seek a safe haven from the trade wars.

The flip side of this is… Continue reading at StockNews.com