A Red-Hot Treasury Trade Starts to Unwind Every New York Morning

With the Federal Reserve expected to take a more relaxed approach on inflation, something that became known at the virtual Jackson Hole Symposium on August 27th, bond traders have since been positioning for a steeper yield curve. Overbond AI models optimize curve flattening and steepening on corporate spreads and sovereign underlying benchmarking against a large number of…

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More Than One Worry Is Hitting Bond Markets

Bond yields keep going up in response to higher inflation, lower global risk, and changing central-bank policies. Source: The Wall Street Journal There is a little bit of fear creeping into government bond markets. It is about time, even if investors are still underestimating how much long-term Treasury rates could rise from here. Government bonds are…

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