FYI: The losing streak continues. Riskier markets are looking messy on Tuesday after disappointing data on retailer earnings and housing starts. Credit markets were on track for their eighth straight day of weakness—a longer string of declines than the stock market, which was also falling Tuesday. Investors sought safety in Treasuries and the dollar, which both rallied. The benchmark 10-year Treasury yield fell to 3.05%. The dollar gained most against riskier currencies, like the Turkish lira (down 1.1%) and the Argentine peso (down 0.9%). Here’s what else is happening in fixed-income markets:
Regards,
Ted
https://www.barrons.com/articles/bonds-losing-streak-enters-its-eighth-day-even-worse-than-stocks-1542730655?refsec=bonds
