CNBC – With the financial community abuzz over a looming interest rate hike by the Federal Reserve, the smart money is betting big on the U.S. dollar instead of Treasurys.
Instead of betting on the price of, say, 10-year U.S. government bonds, prominent hedge fund firms—including Bridgewater Associates, Brevan Howard, Tudor Investment and Moore Capital Management—have serious money on a related currency trade.
