Market Isn't Positioned For Lower Bond Yields, But Trump's $2,000 Checks Could Change The 2026 Trade
The bond market looks deeply unloved heading into 2026, but Bank of America's chief investment strategist Michael Hartnett said that neglect could fuel a powerful rally ahead, unless Washington rewrites the script with extravagant fiscal stimulus. Speaking this week on a podcast, Hartnett said the case for lower yields rests on three pillars — positioning, macro deterioration, and policy — with an important politica…
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