Equity holders beware: What happened to asset managers in bonds this year could happen to you as well.

by DesmondMilesDant

Asset managers are holding more stocks than they have in more than ten years.

(Previously) : Asset managers got hammered this year when bond yields went a lot higer than exp in a short amount of time. A 100bps+ jump vs 200+bps in 1987.

We are currently witnessing the greatest Treasury bear market in history (data going back 250 years) pic.twitter.com/VeyMgIyRTv

— Barchart (@Barchart) October 10, 2023

U.S. Mortgage Rates jump to 8.09%, the highest level in more than 23 years pic.twitter.com/sWFvy0iGto

— Barchart (@Barchart) October 10, 2023

🚨 CTAs are now net short $47 billion of U.S. equities, the largest short position for this group ever recorded! 👀 pic.twitter.com/7KMvXnq9dW

— Barchart (@Barchart) October 10, 2023