Why are US bonds and interest rates stuck at neutral in early 2026?
U.S. 30-year Treasury bond futures rose 1.18% in 2025, while the iShares 20+ Year Treasury Bond ETF (TLT) posted a marginal decline of 0.19%. I asked where US government bonds were headed in 2026 in a November 27, 2025 Barchart article, where I concluded with the following: I favor lower interest rates in 2026, but…