The slightest of cracks in the long-running Treasury bull market had investors flocking to a popular leveraged bond short fund (TBT) yesterday, with nearly 100K call options trading hands. Foiled again (for now) - after popping as high as 1.72% yesterday (from below 1.4% in July), the 10-year yield has fallen back to 1.64%. TBT -1.4%.
The slightest of cracks in the long-running Treasury bull market had investors flocking to a...
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