Treasury Market's Quietest Period Since 2021 Is Ending. Why Trump Is Rattling Bonds.
Barrons·2026-01-20 18:39
Core Viewpoint - The Treasury market has experienced a significant shift after a period of low volatility, with the benchmark 10-year yield remaining stable within a narrow range, indicating a potential change in market dynamics [1] Group 1: Treasury Market Performance - The benchmark 10-year yield has shown minimal movement, remaining within a range of 0.051 percentage points, marking the narrowest range over an 11-day period since January 5, 2021 [1] - The ICE BofA MOVE Index, which measures expected volatility in the bond market, has decreased to 56.14, the lowest closing value since September 2021, suggesting reduced market fear and uncertainty [1]