Hedge funds' historic U.S. rate view shift switches to 5-year bonds: McGeever

A couple of weeks ago it was 10-year Treasuries, last week 5-year bonds: hedge funds are shifting their view of the Fed and U.S. interest rates by magnitudes rarely seen before.


from Reuters: Wealth https://reut.rs/2FR6hwl

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The Sunday Read: ‘What Does It Mean to Save a Neighborhood?’

By BY JACK D’ISIDORO, AARON ESPOSITO, JOHN WOO AND COREY SCHREPPEL from NYT Podcasts https://nyti.ms/3E5bF7T