Traders Flock to Short-term Bonds Following First Major Election Debate Two Weeks Ago

Amid high anticipation, Biden's "personal press conference" is coming. Facing calls within the Democratic Party to step down, Biden’s performance at Thursday's press conference will test his on-the-spot skills. After the first major election debate two weeks ago, traders flocked to short-term bonds and sold long-term bonds. There is also interest in whether the "Trump trade" will make a comeback this week.