FYI: Even as equities tanked last month, there was still plenty of good cheer to be found in the bond markets—especially in some of the safest of assets: long-term government bonds.
It's a bit unexpected, given that bond yields have fallen precipitously, even after the Federal Reserve once again raised its benchmark interest rates on Dec. 19. Over the past few weeks, the yield on the 10-year Treasury has slipped from 3.24%, a seven-year high struck on Nov. 8, down to 2.69% on Dec. 31.
Regards,
Ted
https://www.etf.com/sections/features-and-news/long-term-treasury-etfs-shine?nopaging=1
