Long-term bonds hit hard after Georgia Senate run-off – The Wall Street Journal

Long-term bonds hit hard after Georgia Senate run-off – The Wall Street Journal

Democratic victories in Georgia’s Senate races this week prompted investors to bet on a more spending government that will bring growth and inflation to the US economy. This view has manifested itself more dramatically in the sharp rise in yields on Treasuries, especially among longer bonds. The 30-year Treasury yield has jumped almost a quarter […]
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