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Banks Say Hedge Funds' Short Aussie Bets at Risk of Backfiring

(Bloomberg) Hedge funds have little doubt that the Australian dollar is headed lower. The nation’s biggest banks beg to differ.Most Read from BloombergSlovak Premier Fighting for Life After Assassination AttemptS&P 500 Tops 5,300 in Record-Breaking Stock Rally: Markets WrapUS Inflation Ebbs for First Time in Six Months in Relief for FedChina Considers Government Buying of Unsold Homes to Save Property MarketFlood of China Used Cooking Oil Spurs Call to Hike US LeviesSpeculative wagers against ....

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Bond Traders Are Obsessing Over This Gauge Before Jackson Hole

(Bloomberg) An abstract interest-rate metric is dominating discussions across trading desks ahead of the Jackson Hole symposium, with investors wondering if Federal Reserve Chair Jerome Powell will weigh in, and bracing for further declines in US Treasuries if he does. Most Read from BloombergWagner Chief Prigozhin Listed Aboard Crashed Jet, Reports SayMore People Call in Sick on August 24 Than Any Other DayNasdaq 100 Drops 2% as Yields Rise Before Powell: Markets WrapHuawei Building Secret N ....

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