Citadel Securities reversed its bearish call on long bonds, warning of a painful short unwind
- Citadel Securities: 2 events in the last 90 days
- Previous: earlier the same day · Wall Street’s massive bet against long-term bonds is a recipe for a painful bearish unwind, says Citadel Securities
What happened
The firm warned that heavily crowded short positioning in long-dated Treasuries raises the risk of a painful reversal for investors caught on the wrong side
Summary assembled by rule from the sources below