After analyzing the news article and considering the positive Gross Domestic Product (GDP) data for the fourth quarter of 2023, which indicated a 3.3% growth rate, the initial expectation was that the bond prices might experience a positive impact. According to conventional market wisdom, a growing economy typically leads to expectations of higher interest rates, which could result in lower bond prices but higher yields. The article mentioned that on the day of the news, the CBOE 10-year Treasury price increased by 1.50%. This outcome aligns with the initial expectation, as a price increase suggests a demand for bonds. In the context of positive GDP data, this may indicate that investors view bonds as a safe-haven asset in the face of economic growth, potentially due to concerns about inflation or market volatility. However, it's crucial to note that the bond market is influenced by various factors, and reactions can be complex. Other elements such as global economic conditions, central bank policies, and market sentiment can also contribute to bond price movements. In summary, the actual impact, with a bond price increase on the day of the news, aligns with the expectation of potential demand for bonds in response to positive