They believe that the prices of these bonds will drop, which typically happens when interest rates rise. By shorting these bonds, they’re hoping to profit if their predictions about the market come true.
Largest 2-Year Treasury Short Position in History 🚨
Hedge Funds have now built the largest 2-Year Treasury short position in history pic.twitter.com/mhzOmhCWWf
— Win Smart, CFA (@WinfieldSmart) October 31, 2024
Services inflation is running at 4% YoY and core inflation is running closer to 3% then 2% but yea basically back to normal
— The Coastal Journal (@1CoastalJournal) October 31, 2024
GLOBAL GOLD DEMAND TOPS $100 BILLION FOR FIRST TIME EVER IN THIRD QUARTER (Market Watch)
Global gold demand climbed to a record high in the third quarter, with the value of demand for the precious metal topping $100 billion for the first time ever, according to a report from the… pic.twitter.com/LgGAC95VhS
— FXHedge (@Fxhedgers) October 31, 2024
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