Bonds record best monthly gain since 1985
Bas Kooijman U.S. stock and bond markets rallied, with major indexes like the S&P 500 and Nasdaq Composite posting significant gains, achieving their best monthly performance since July 2020. This surge was supported by declining Treasury yields, leading to the bond market recording its best monthly gain since 1985. Positive news on inflation emerged when the core personal consumption expenditures (PCE) price index indicated a slowdown in […]