(Bloomberg) -- Treasuries are rallying in January for the third year in a row.
U.S. government securities have returned 1.8% this month through Thursday, based on the Bloomberg U.S. Treasury Bond Index. They handed investors 3% in January 2015 and 1.8% in January 2014, both the best monthly performances of those years. U.S. debt rose on Friday, while a rally in Japanese bonds sent yields to record lows as the Asian nation’s central bank implemented a surprise interest-rate cut.
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