The Blue Wave & The Bond Market
15 January 2021 - 3 min readThe most notable event shaping the U.S. bond market to start the New Year was the outcome of the Georgia Senate races.
As many strategists expected, U.S. long-term rates are moving higher, reinforcing last year’s dynamics and leading the U.S. yield curve to steepen. On the back of this sizable steepening, we may see some corrective rally locally.
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