Global Bond Tantrum Is a Wrenching and Worrisome Start to New Year
The seal of the US Federal Reserve Board of Governors near the Marriner S. Eccles Federal Reserve building in Washington, DC, US, on Sunday, Jan. 12, 2025. The US Treasury market is leading a reset higher in borrowing costs, with potentially wide-ranging consequences. Photographer: Samuel Corum/Bloomberg via Getty Images

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January 12, 2025
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FED RESERVE
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