U.S. Treasuries Rally Post-Election
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bond marketsReuters
•Morning bid: Bonds in vogue on Black Friday, yen pops
76% Informative
Well-behaved U.S. inflation updates and decent demand during another heavy week of debt sales have helped a rally that began in earnest last Friday as President-elect Donald Trump nominated Wall Street money manager Scott Bessent as treasury Secretary.
The move partly reverses at least one of the prevailing ' Trump trades' and has dragged the lofty dollar down with it.
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