Record-Breaking Treasury Market Rally Fuels Global Bond Surge

1 min read
Source: Bloomberg
Record-Breaking Treasury Market Rally Fuels Global Bond Surge
Photo: Bloomberg
TL;DR Summary

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.

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