A Big Asset Manager Deleveraging Is Underway in Treasury Futures

Asset managers are offloading long-duration Treasuries futures contracts, an indication that forced selling is underway as cash yields hover just off multiyear highs.

By Edward Bolingbroke · Bloomberg Markets

Asset managers are offloading long-duration Treasuries futures contracts, an indication that forced selling is underway as cash yields hover just off multiyear highs.