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Monday, December 23, 2024

Treasuries Set for Best Week in Two Months After Trump Whiplash


Treasuries are poised for their best week since early September after a volatile five days of trading dominated by Donald Trump’s victory in the presidential election.

Yields Friday further extended their retreat from multimonth highs reached on the election results. Short-dated tenors erased declines as several more Wall Street banks including Goldman Sachs Group Inc. forecast fewer Federal Reserve interest-rate cuts next year than previously.



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