Date: 4/5/2017
Source: Barron's
Author: Barron's

Treasuries Rally as Ryan Sounds Downbeat on Tax Reform

Incapital’s Sharon Stone comments on investors’ skepticism around fiscal stimulus and its impact on yields.

"Ever since health care reform failed to go anywhere, the market has gotten a lot more skeptical of any real fiscal stimulus coming out of this administration," says Sharon Stark, fixed-income strategist at Incapital. "Any bit of news that confirms that skepticism gets magnified in the form of lower yields." 

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