Reported 12 months ago
Traders in the Treasury market are anticipating higher long-term bond yields with speculation about Donald Trump's potential return to the White House gaining traction. The steepener trade, where traders are buying shorter-term notes and selling longer-term ones, has seen increased open interest, indicating a growing risk appetite for this bet. Wall Street strategists are also advising clients to prepare for higher inflation and bond yields in a scenario where Trump wins the election, further fueling this trend.
Source: YAHOO