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Bond Market’s Pain Trade Turns to Payoff on Jobs Shock

Bond Market’s Pain Trade Turns to Payoff on Jobs Shock
business8/3/2025

Just when bond investors were doubting one of their favorite strategies, it’s making a comeback.

Just when bond investors were doubting one of their favorite strategies, it’s making a comeback. Treasuries surged on Friday as a surprisingly weak US payroll report unleashed a frenzy of buying following a month of bond losses. The data, including d... [259 chars]