Bond Markets Fear ‘Known Unknown’ of a GOP Sweep: John Authers

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Today’s Points:

• The Treasury 10-year term premium is positive again. That could be a problem.
• The bond market is seriously worried about the election.
• A Republican clean sweep would be a big deal.
• We now have a way for terminal users to access the data in charts directly — all will be explained.
• AND: Watch the Netflix documentary about baseball’s 2004 post-season.

Beware Bond Math!

Treasury yields are rising again. In part, that’s down to the extremely exciting factor of combustible US politics and the shifting ...