WS #13906
Holding: newest synthesis is 85d 16h old
Record CTA short positioning in US Treasuries ahead of CPI creates asymmetric risk of a squeeze if inflation comes in soft, with September rate hike odds near 50%.
US CPI and Fed
Record CTA short positioning in US Treasuries ahead of CPI creates asymmetric risk of a squeeze if inflation comes in soft, with September rate hike odds near 50%.