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Unwinding Treasury hedges pushes U.S. yields lower amid concern
WSJ Markets warns that, despite the move lower in yields, there is concern a broader problem could be developing.
WSJ Markets reports that the unwinding of popular hedge fund trades has helped drive U.S. Treasury yields lower.
The outlet also flags that the situation shows early signs of stress, describing it as “a faint smell of a crisis in the making.”
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WSJ MarketsThe Global Bond Rout Is Getting Messy