The new year is not quite a month old but that hasn’t stopped US bonds from piling up impressive returns. For the strongest corners of fixed income, it’s fair to say that 2020 has been spectacular so far, based on a set of exchange-traded funds.

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Coronavirus death toll continues to rise and spreads throughout China: BBC
Fed holds rates steady, cites ‘moderate’ economic growth: USA Today
Britain prepares to formally leave EU on Friday: BBC
Today’s US Q4 GDP data expected to report moderate growth: Reuters
EU recommends limiting, but not ending, use of high-risk 5G vendors: NY Times
Trade deficit rose sharply for US in Q4: Reuters
US Pending Home Sales Index fell 4.9% in December: Reuters
10yr-3mo Treasury yield curve looks set to invert… again: MW