Bonds Are Rallying on Economic Fears. They Have More Gains Ahead.
1. 10-year Treasury yields fell to 3.959%, dropping below 4% for the first time since April. 2. Decline attributed to weakening economic data, government shutdown, and Fed rate cut expectations. 3. iShares 20+ Year Treasury Bond ETF returned 8.2%, outperforming S&P 500's 7.3%. 4. Strong bond performance could continue if economic data remain poor through 2025. 5. Investors prefer bonds as safe assets in a weakening economy, impacting stock investments.