So, You Say You Want To Get Long Treasurys?

So, you say you want to get long Treasurys and/or bunds to take advantage of i) political risk-induced haven flows and/or ii) short covering in the massive spec UST short?

Well, in the event you’re wrong, here’s how much of a cushion you’ve got before the capital losses chew up your coupon and spit it back out at you…




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