Treasury Market Absorbs the Most Punishing January Since 2009
- Bloomberg Barclays Treasury Index has lost 1.42% this month
- Monthly drop is biggest since U.S. presidential election
Photographer: Andrew Harrer/Bloomberg
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The U.S. Treasury market is delivering investors a loss of historic proportions to start 2018.
The Bloomberg Barclays U.S. Treasury Index is down 1.42 percent this month through Jan. 30. It’s on track for the worst start to a year since January 2009, when traders were bracing for a ramp-up in government borrowing to combat the recession. It would also be the biggest setback for any month since November 2016.