- Traders are ramping up short bets on Treasury futures, with yields near roughly two-decade highs, raising the risk of an abrupt unwind on any sign of marked economic cooling.
- The crowded short positioning makes Treasury futures vulnerable to a squeeze, which would send yields sharply lower.
引述
“Traders are ramping up bets that Treasury yields will keep climbing from their current roughly two-decade highs, raising the risk of an abrupt unwind of those positions on any sign of a marked economic cooling.”