In the rush to price in firming economic data and the seemingly inflationary policies of President-elect Donald Trump, bond bears might have gotten ahead of themselves. That's how analysts are reading the most recent report of trader commitments, which shows investors are making record bets on higher yields. In the first week of the year, futures positioning for U.S. Treasuries was at an all-time high of 1.2 million ten-year Treasury-contract equivalents, according to Macro Risk Advisors head derivatives strategist Pravit Chintawongnavich.
This trade has worked out well in Japan, I expect the same results in the U.S. Anyone else wanna take the plunge?
Submitted January 14, 2017 at 12:43PM by TheRealAntacular http://ift.tt/2jvqKYj
