Bond Market Momentum Shifts Bears’ Way as Sell Signals Flash

Bloomberg From the Supreme Court’s decision against Donald Trump’s tariffs to the threat of Federal Reserve rate hikes and signs of labor-market resilience, a range of pressures are forcing a sentiment shift in the $31 trillion Treasury market back in favor of bears. Treasuries fell last week for the first time in a month as a slate of negative drivers piled up. The US high court’s move to strike down Trump’s signature global tariffs threatens to remove, at least for now, a major source of government rev ...