Long yields in the US is an extremely crowded trade. You could mount a case that they are in the process of peaking (although that seems silly in the context of your graph). Thinking about it at the simplest level, I don't know how all the sovereign debt created over the last decade can be serviced at materially higher levels
Long yields in the US is an extremely crowded trade. You could...
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Change
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| XSO (ASX) Chart |