What Is the Treasury Bonds Basis Trade, and Is It Over?
Global bond markets have been roiled since the Iran-US conflict began. Surging energy prices together with massive corporate borrowing and ever-expanding government debt issuance have sent Treasury bond prices plummeting, pushing yields to the highest level in nearly two decades. The rout prompted U
<p>Global bond markets have been roiled since the Iran-US conflict began. Surging energy prices together with massive corporate borrowing and ever-expanding government debt issuance have sent Treasury bond prices plummeting, pushing yields to the highest level in nearly two decades. The rout prompted U</p>