Surge In Global Bond Yields by David C. Wright and Frank Barbera, Jr., CMT, Sierra Investment Management Sierra Investment Management’s David Wright, managing director, and Frank Barbera, executive vice president, have published their latest chart commentary looking at the recent “unusual surge” in bond yields. The two expound on the movement, noting: “In what appears to have been a crowded trade, the rapid unwinding of highly leveraged positions produced a mechanical margin call of sorts that rumbled across the global bond market. This involuntary deleveraging was not produced by any specific news event or economic announcement, but looks to have…
Sierra Investment Management: Surge In Global Bond Yields
Guest Post
If you are interested in contributing to ValueWalk on a regular or one time basis read this post http://www.valuewalk.com/guest-posts-hedge-fund-letters/ We do not accept any outside posts or even ads on penny stocks, ICOs, cryptos, forex, binary options and related products.