Investors are wading into the Treasury rout to lock in the highest yields in decades, buying the drawdown instead of running from it. That tells you the level matters more than the momentum. If that b

What happened: Government bond funds are drawing record inflows as investors move to lock in yields at the highest levels in decades, per the FT. Why it matters: The buying comes during a US Treasury rout, with borrowing costs at multi-decade highs, signaling investors are willing to absorb price risk to capture elevated yields. Coverage: 3 outlets in 24h

Government bond funds are drawing record inflows as investors move to lock in yields at the highest levels in decades, per the FT.

The buying comes during a US Treasury rout, with borrowing costs at multi-decade highs, signaling investors are willing to absorb price risk to capture elevated yields.