The U.S. economy expanded at its fastest clip in over five years during the third quarter, according to the Commerce Department’s initial reading on GDP. Yet despite a barrage of robust data, Treasury bonds staged a surprise rally in October.
The bond-market rally is defying the typical investing playbook. Here’s why.
MA
MarketWatch Top StoriesBy Joseph Adinolfi
EXECUTIVE SUMMARY
The U.S. economy expanded at its fastest clip in over five years during the third quarter, according to the Commerce Department’s initial reading on GDP. Yet despite a barrage of robust data, Treasury bonds staged a surprise rally in October.
Key Takeaways
- The bond-market rally is defying the typical investing playbook.
- economy expanded at its fastest clip in over five years during the third quarter, according to the Commerce Department’s initial reading on GDP.
- Yet despite a barrage of robust data, Treasury bonds staged a surprise rally in October.
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Published originally on MarketWatch Top Stories
