“On What Basis?!” One Trader Demands To Know Why You’re Short Treasurys

“On What Basis?!” One Trader Demands To Know Why You’re Short Treasurys

Former FX trader-turned Bloomberg contributor Mark Cudmore has had just about enough of you telling him why Treasury yields should be higher. As you know, yields are saying something rather disconcerting about the outlook for the US economy. And notably, they seem to be saying something completely different than stocks: Perhaps more concerning still is the rather dramatic flattening of the curve in what certainly looks like the market completely pricing out the Trump agenda: This all coin
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2 thoughts on ““On What Basis?!” One Trader Demands To Know Why You’re Short Treasurys

  1. Mainly because everyone went long again. Inflation genie (the real stuff, not the government-suppressed stats) is out of the bottle again. Despite the fact the US economy is rolling over. Gotta love it. Death to amerika!

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