Speculative Bond Short Hits New High: Others Claim “Rates Headed to Zero”
May 03, 2018 at 07:00 AM EDT
Iflationistas think a major inflationary move is at hand and they bet that with futures. I suggest the opposite. A commitment of traders (COT) report for 10-year treasuries shows record bets that treasury yields are headed higher. Large Spec Contracts Long: 606,022 Short: 1,058,155 Net Short:...