Speculators Build Record Position Against US Treasuries

Betting against US Treasuries seems to be the hottest trade on Wall Street. The selling which began at the beginning of November, after Donald Trump’s election as President of the United States, has continued unabated over the past two months and now traders have a record position against government securities. Mitch Julis: Debt Markets Are Sending A Warning Hedge Funds Established Winning “Trump Trade” Before Election On November 9, after Trump’s victory became apparent 30 year US Treasury bond yields climbed the most since at least 1977 in a single day amid concerns that Trump’s administration will unleash a wave…