What’s keeping long-dated bonds at the head of this year’s performance ledger for fixed-income markets? Recession worries still top the list, although nervous investors can point to this week’s renewed prospects for impeaching Trump as a factor, too. Whatever the driver, year-to-date returns for bonds continue to show that long maturities are running well ahead of the rest of the field, based on a set of ETFs that span the US fixed-income markets.

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