Bonds Cap Stellar Week/Month With Strongest Close

Bonds Cap Stellar Week/Month With Strongest Close Bonds ended the week/month at their strongest levels with 10yr yields breaking below the 4.0% floor to close at 3.95+.  In addition to the low outright levels, the journey was accomplished with minimal volatility along the way. This is potentially surprising given this morning’s much higher PPI numbers, but as discussed in the AM commentary, PPI is notoriously vo…