Record Short Bets against 10-Year Treasury Promise Turmoil
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter A very crowded trade goes begging for a contrarian reaction. The 10-year Treasury yield closed on Monday at 2.86% the highest since January 16, 2014, after briefly kissing 2.89% during the day. At the moment, it is holding at 2.85%. Bond prices fall when yields rise – and being short the … Read more