Bond Market’s Big Short Bet Gets Wakeup Call as AI Trade Wobbles
US Treasuries are showing tentative signs of reclaiming their traditional role as a haven — threatening to wrong-foot investors who are heavily positioned for this year’s bond slump to deepen.
By Ye Xie, Alice Gledhill and Ruth Carson · Bloomberg Markets
US Treasuries are showing tentative signs of reclaiming their traditional role as a haven — threatening to wrong-foot investors who are heavily positioned for this year’s bond slump to deepen.