Bond Traders Quick to Abandon Long Wagers Before Fed Meeting, CPI Data bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
(Bloomberg) To get a sense of the speculative euphoria in risky assets right now, consider Friday’s trading action. A slew of investing pros was transfixed by a meme-stock guru live streaming his near-$300 million position in GameStop Corp. — even as the world’s largest bond market sank anew on hot economic data. Most Read from BloombergReal Estate Investors Are Wiped Out in Bets Fueled by Wall Street LoansHere’s Everything Apple Plans to Show at Its AI-Focused WWDC EventBehind ‘Suicide Squad
Risk Appetites Roaring Anew in Wall Street's Unflappable Markets bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
Idanna Appio spent 15 years at the Federal Reserve Bank of New York analysing the history of sovereign debt crises. Now, as a fund manager at $138 billion First Eagle Investments, she s reached a conclusion: U.S. Treasury bonds are too risky to hold.
Idanna Appio spent 15 years at the Federal Reserve Bank of New York analysing the history of sovereign debt crises. Now, as a fund manager at $138 billion First Eagle Investments, she s reached a conclusion: U.S. Treasury bonds are too risky to hold.