Hedge fund bond bears are relentlessly shorting Treasuries

Yahoo!Finance-Bloomberg/Ruth Carson/6-12-2023

photgraph of the seal of the Federal Reserve system“Hedge funds extended their record selling streak of short-dated Treasuries amid bets the Federal Reserve’s fight with inflation is far from done.”

USAGOLD note: According to the Wall Street Journal, Fed officials have signaled they will hold rates now before raising them again later this summer. If so, one wonders what purpose is served by a pause. We will know more later today……

This entry was posted in Today's top gold news and opinion. Bookmark the permalink.