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"Extreme" bearish positions in the U.S. Treasury market bet on Federal Reserve rate hikes.
Bond traders have built up significant bearish positions ahead of Wednesday's Federal Reserve meeting, betting that the sell-off in U.S. Treasuries will continue, pushing yields to their highest levels in over a decade. The U.S. 10-year government bond yield rose on Tuesday to its highest since 2007, while the 2-year yield climbed to its highest since 2024.
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Source：彭博市场 · Source Link
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