Bond Market’s Favorite Yield-Curve Trade Fired Up From Jobs Data
Bond traders loaded up wagers on a popular strategy favoring short-end Treasuries over longer-dated debt after an unexpected uptick in November unemployment added to mixed signals clouding the outlook of...
By Edward Bolingbroke, Michael MacKenzie · Bloomberg Markets
Bond traders loaded up wagers on a popular strategy favoring short-end Treasuries over longer-dated debt after an unexpected uptick in November unemployment added to mixed signals clouding the outlook of the US economy.