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Gundlach Says Bond Wipeout Just Beginning As Bulls Rush For Exit

TedTed
in The Bullpen
FYI: Hedge funds that built up bullish long-end Treasury wagers to the highest outright level since 2008 are rushing for the exit as a government bond rout that started in Europe following a weak French debt auction is spreading to the U.S. market.
Regards,
Ted
https://www.bloomberg.com/news/articles/2017-07-06/bond-wipeout-prompts-u-s-treasury-bulls-to-rush-for-the-exit
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