In ancient Rome, the “Ides” marked the middle days of every month of the Roman calendar. The Ides of March are most well-known, as it marks the assassination of Julius Caesar by a group of conspirators led by Brutus. The phrase became immortalized in Shakespeare’s play, Julius Caesar. Last week marked the middle of January and while far less dramatic than the fall of a Roman emperor, the last several days have proved a difficult time for the Treasury market…

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The Ides of January