4 ms·
Was that a actual selloff, or an unwinding of the basis trade leading to a selloff?
by dummydummy1234 1y ago
Was that a actual selloff, or an unwinding of the basis trade leading to a selloff?
- HarHarVeryFunny 1y agoI don't know - I'd initially seen it discussed without mention of that, but now I see there's talk of two different basis trades ... https://www.morningstar.com/news/marketwatch/20250412232/how-the-trade-of-the-year-in-the-bond-market-became-a-nightmare-for-investors-after-trumps-tariffs https://www.morningstar.com/news/marketwatch/20250412232/how... The US would certainly be in trouble if the perception of instability reduces the appetite for US debt, or if holders choose to weaponize it.