As 2023 concludes, the bond market has witnessed a remarkable rally, bolstered by the strength of the U.S. economy and a reduction in inflationary pressures.
Despite this, some analysts caution that investor optimism might be overly optimistic for the upcoming year, The Wall Street Journal reports.
What Happened:This past year, the bond market's journey has been marked by significant volatility. The 10-year U.S. Treasury note yield, a key market indicator, has dramatically fluctuated.
Initially driven to highs not seen in over a decade by concerns over persistent high interest rates, these yields have since retreated due to...
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