Bond Traders’ Big Bet for 2026 Vindicated by Soft US Job Growth

Bond investors’ overarching wager on the path of the Federal Reserve and the Treasuries market in 2026 looks like it has room to run.

By Michael MacKenzie, Ye Xie · Bloomberg Markets

Bond investors’ overarching wager on the path of the Federal Reserve and the Treasuries market in 2026 looks like it has room to run.