In One Chart: August shapes up to be one of this year’s worst months for Treasurys

by | Aug 22, 2023 | Stock Market

August is turning out to be one of the worst months in 2023 for U.S. government debt, and there’s still more than a week left to go. As of Tuesday, U.S. government debt produced a total return of minus 1.9475% for this month, based on a Bloomberg index of Treasurys. That’s worse than any other month besides February, which served as the run-up to the regional banking crisis.

Source: Bloomberg, FHN Financial.

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