(Valuewalk.com) Recent analysis on hedge fund positioning indicates that funds across most strategies are betting on 10-year Treasury yields. The only exception to this, according to Bank of America Merrill Lynch analysts, are funds with a short bias, merger arbitrage and market neutral funds. Has this been a good bet? Strong manufacturing and construction data helped to restore some investor confidence in equities, and as a result, US treasury prices fell on Tuesday, bringing yields to a 2-week high….
Hedge Fund Positioning Analysis Shows Big Yield Bets
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