Treasury Bears Bank on Stimulus Deal\, Strengthening Recovery

Treasury Bears Bank on Stimulus Deal, Strengthening Recovery
Lettering for the United States Mint appears on the facade of the U.S. Mint building in Philadelphia, Pennsylvania . (Photographer: Stephen Hilger/Bloomberg News)

Treasury Bears Bank on Stimulus Deal, Strengthening Recovery

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(Bloomberg) -- Hefty bets against the U.S. government bond market paid off last week. Whether it’s a short-term win or the trade of the year depends on what happens next in Washington.