A prolonged selloff in US Treasuries is creating a potential opportunity for hedge funds and other relative-value traders to exploit pricing discrepancies between Treasury futures and the underlying bonds, according to a report by Bloomberg.
Yields on long-dated government debt have climbed above 5%, reaching levels not seen for almost two decades, while the speed of the move is increasing the risk of disruption in the Treasury futures market.
The resulting volatility is creating an opportunity...
Continue Reading
Sign up for FREE to read the full article and access 158K+ alternative investment headlines.
Alternative Investment News