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The bond-market rally is defying the typical investing playbook. Here's why.

Source: marketwatch.com

Economic DataInterest Rates & YieldsCredit & Bond Markets
The bond-market rally is defying the typical investing playbook. Here's why.

The Commerce Department’s initial estimate showed U.S. GDP grew in the third quarter at its fastest pace in more than five years. Despite a barrage of robust economic data, Treasury bonds staged a surprise rally in October; the article gives no growth rate or bond-market magnitude.

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