Bloomberg: Bond Selloff Deepens After 30-Yr Yield Hits Highest Since 2004
Sep 24
1 min read
"The Fed has hiked again, inflation is clearly not at target. The economy is doing okay and there's a large amount of government spending."
That's how CIO of Global Macro Dave Aspell described the macro backdrop behind the global bond selloff, pushing the US 30-year Treasury yield to its highest level since 2004, in a new piece from Alice Atkins at Bloomberg.
Managed Futures is a strategy that can get you short bonds through trend following, mirroring the macro environment: continued Fed hikes, inflation still running above target, a resilient economy, and a heavy load of government spending.
As yields climb across the globe, from a reopening Japanese market to a deepening selloff in Europe, that combination is proving hard to ignore.
Comments