It is certainly reasonable to believe that this source of UST selling will continue to keep USTS rallies «limp,» and still in front of a very pro-growth /
reflationary Trump
policy mix to come: lower corporate and individual taxes, industry deregulation, trade
policy (tariffs will drive up domestic prices as cheaper international goods competition is removed) and a fiscal
policy shift away from monetary
policy will all conspire to take rates higher in the year + window ahead.