October 3, 2026Macro·Neutral·macro
Morgan Stanley puts Treasury basis trade near $1.2T after 20% decline this year, sees no broad stress
Morgan Stanley estimates the Treasury basis trade stands near $1.2 trillion after a 20% decline this year, and says it has not found broad stress in the strategy, which can leave hedge funds short of cash when overnight loans or margin payments come due.
Detected & updated continuously · Source: Nebula
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