Soaring Dollar Is ‘Only Safe Haven Left’ After Hot US Inflation
Investors are rushing to buy dollars after US inflation accelerated to a fresh 40-year high last month.
Investors are rushing to buy dollars after US inflation accelerated to a fresh 40-year high last month.
Bonds denominated in the world’s leading currencies are suffering double-digit losses following European Central Bank's end to quantitative easing.
Crispin Odey has recouped years of losses at his hedge fund, showing other managers like Gabe Plotkin surrender isn’t only option under pressure.
"We have a country that is becoming more and more polarized. There's people on either side." Mega companies can no longer "straddle" the fence.
Hedge funds are signaling it may be third time’s a charm as to whether US 10-year yields will climb above 3% to stay.
Investors are bracing for more pain for the largest junk-bond ETF, piling into bearish wagers on the heels of the fund’s best weekly rally since 2020.