Citadel Securities Reverses Bearish Call on Long-Term Bonds
Citadel Securities has reversed its previous bearish stance on long-term U.S. government bonds, warning that Wall Street's massive short position could lead to a painful unwind.
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Citadel Securities’ Flight Reverses Bearish Call on Long Bonds
Citadel Securities’ Frank Flight, who just last month warned of a “cruel summer” for US bond investors, now sees the balance of risks tilted toward a rally, citing crowded bearish positioning and improving inflation data.
By Ye Xie
Read full article →Wall Street’s massive bet against long-term bonds is a recipe for a painful bearish unwind, says Citadel Securities
Citadel Securities’ strategist Frank Flight says a bet that appears to be one-sided against long-term bonds could be setting up for a painful unwind.
By Barbara Kollmeyer
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