Markets Daily

Bond Investors Suddenly Are More Focused on Growth Than Inflation

With war seen weighing on economy, Treasuries start to attract buyers.
US President Donald Trump walks on the South Lawn of the White House after arriving Sunday.Photographer: Yuri Gripas/Abaca/Bloomberg
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In the bond market, some investors are saying the surge in yields has gone far enough. They’re shifting their focus from the threat of inflation from the Iran war to the prospect of an economic slowdown.