Bright Start for Bonds to New Year Eases Market Pressures

1 week ago 28
The inverted Treasury yield curve is hitting extreme new levels. But paradoxically, it may be suggesting that investors are both more worried about a recession and less worried. WSJ’s Dion Rabouin explains. Illustration: David Fang

Jan. 16, 2023 5:30 am ET

Another strong week for the U.S. bond market is giving investors increasing hope that they can turn the page on a brutal 2022.

Yields on U.S. Treasurys...

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