U.S. bond market rally carries on after best month since 2011

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U.S. bond market rally carries on after best month since 2011 GlobeInvestor

2017 on Monday as investors piled more cash into low-risk debt to seek protection from market volatility due to growing trade conflicts between the United States and its trade partners.

Long-dated Treasuries generated a stellar 6.7% return, their juiciest performance since January 2015, as the safe-haven market rally knocked 10-year yields some 36 basis points lower last month. In just a month they leapfrogged junk bonds as the best performing U.S. bond sector so far this year. Two-year yields declined 10.20 basis points to 1.842%. They touched 1.838% earlier Monday, which was their lowest since September 2017.

 

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