Long-Term Treasury Yields and Mortgage Rates Surge as Bond Market Reacts to Increased Volatility, Yield Curve Continues to Un-Invert

The recent disconnect between the bond and stock markets post-Trump’s election victory has raised questions about investor sentiment and economic expectations. A notable factor contributing to the stock market rally is the Democrats’ electoral loss, which has diminished the likelihood of significant pushback against Trump’s ascension. In contrast to predictions of civil unrest, there has...