Citadel Securities’ Flight Reverses Bearish Call on Long Bonds
Citadel Securities’ Frank Flight, who just last month warned of a “cruel summer” for US bond investors, now sees the balance of risks tilted toward a rally, citing crowded bearish...
By Ye Xie · Bloomberg Markets
Citadel Securities’ Frank Flight, who just last month warned of a “cruel summer” for US bond investors, now sees the balance of risks tilted toward a rally, citing crowded bearish positioning and improving inflation data.