Luke Gromen says hedge funds may sell US Treasuries when equity volatility jumps, citing monthly drawdown limits

Macro analyst Luke Gromen says hedge funds may sell U.S. Treasuries when equity volatility jumps, as monthly drawdown limits force de-grossing. With funds holding about 8.5% of the Treasury market, he says this helps explain why USTs have traded more like risk assets.

Detected & updated continuously · Source: Nebula