Even The Banks Are Bailing Now: Dealers Dump Record Amount Of Treasurys
from ZeroHedge: The 10Y just tagged the March 5 high yield of 1.625% – a key stop loss level – and steamrolled higher amid a cascade of short covering, because as noted earlier, once the momentum kicks in nobody knows where and how it stops. And unfortunately for TSY bulls, the pain could be just starting because […]
Source: https://www.sgtreport.com/2021/03/even-the-banks-are-bailing-now-dealers-dump-record-amount-of-treasurys/
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