Aug
22
A robust August rally in the Treasury market is foiling one of Wall Street’s most popular trades, a bet that solid U.S. economic growth, rising inflation and eroding government finances will compel investors around the world to sell bonds.
A record number of hedge funds and other speculative investors are betting on lower U.S. government bond prices and higher yields, in part because the math behind such a wager appears too good to pass up…
Short Squeeze Roils Wall Street’s Favorite Bond Trade
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