Heavy U.S. Treasury Market Leverage Poses Market Risks

U.S. asset managers anticipating a possible recession have loaded up on short positions in futures contracts for U.S. Treasury securities—a type of leveraged trade that went awry in March 2020 and could again, if some impromptu event, such as a U.S. government shutdown, triggers it. In 2020, a…#ustreasury #bis #quarterlyreview #treasury #josephwong #monetarymacro
Source: Reuters: Health - Category: Consumer Health News Source Type: news