Lates News

Due to concerns about the growing debt and deficit of the US government, traders are betting that long-term bond yields will soar, while President Trump's tax cuts make the situation even more precarious. The bleak economic outlook has stimulated hedging activities in US Treasury options, with investors aiming to increase long-term bond yields by the end of the year. The latest round of downward bets is in line with the sentiment on Wall Street, as strategists from Goldman Sachs to JPMorgan are all raising their yield forecasts.