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Treasury yields log biggest drop since the 2023 banking crisis. Here’s what’s going on.

Katherine Langford

Editor-in-Chief · Friday, October 23, 2026 at 11:01 AM · 1 min read

Treasury yields log biggest drop since the 2023 banking crisis. Here’s what’s going on. — MarketWatch, Beijing Business news — Image: MarketWatch

‘It’s a take-back trade,’ says PGIM’s Tipp. ‘Not an all-out fear of recession type of situation.’

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