After the recent lowering of interest rates, bond prices didn’t rise as many had expected. Instead, they dipped further, though they didn’t fall below previous lows. Since then, bond prices have remained relatively stable, neither surging nor collapsing. However, the appointment of Scott Bessent to the Treasury has brought new optimism to the market. Bond prices have started to respond positively, and will this marks the start of a recovery. During Donald Trump’s presidency (2017–2021), he often called for the Federal Reserve to lower interest rates, believing it would fuel economic growth, boost markets, and enhance the U.S.'s global competitiveness. At the time, his stance clashed with the Fed, which was raising rates to control inflation and ensure long-term stability. Now, with the Federal Reserve signaling the peak of rate hikes and began to lower rates, the direction aligns with what Trump advocated during his term. This is welcome news for bond investors....