The Credit Strategist

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Basis Trades Bite

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The Credit Strategist
Apr 09, 2025
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Markets are reeling as they seek steady ground as the aftershocks from President Trump’s tariff earthquake continue. While the media focuses primarily on stocks, the government bond market (at least for now) is starting to suffer sharp losses after initially rallying in the wake of Liberation Day. Ten-year Treasury yields are back to 4.37% as this is …

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