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Treasurys See Hoped-For Rally Fizzle in Another Lagging Year
News December 31, 2024 at 12:29 PM
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What You Need To Know
- It marks the fourth straight year of rising yields, the longest such stretch since 1981.
- The poor performance is due to a resilient economy that forced investors to abandon aggressive bets on monetary easing.
- Investors are now betting that the Fed will slow down the pace of easing next year after lowering rates for the past three consecutive meetings.
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