Reported 27 days ago
Options traders are betting heavily that the 10-year Treasury yield will rise to 5%, a level not seen since 2023, within the next five weeks. This wager could yield a $10 million payout if the yield climbs by half a percentage point. The move comes amid rising inflation pressures and an increase in trading activity, with some traders placing similar bets just before the recent inflation data was released.
Source: YAHOO