The Bessent bond-market scorecard doesn’t look as strong as it once did

U.S. Treasury securities have struggled to keep up with major government bond indices, especially since President Donald Trump's inauguration, with only Japan's bonds outperforming them. This shift raises questions about the traditional strength of U.S. bonds and could impact global financial markets. Investors are likely reassessing their portfolios and strategies, reflecting broader economic shifts and policy changes under the Trump administration. This performance discrepancy underscores the evolving dynamics of global bond markets.