Hedge funds drive US Treasury selloff amid broad deleveraging and flight to cash

From the article: …’Gennadiy Goldberg, head of US rates strategy at TD Securities, called it an “everything, everywhere, all at once” type of move. “Multi-sector funds are trying to deleverage, which leads to a ‘sell everything’ trade,” he said.’…’“There’s massive deleveraging going on — any source of liquidity is being tapped,” said the hedge fund manager.’…

https://www.hedgeweek.com/hedge-funds-drive-us-treasury-selloff-amid-broad-deleveraging-and-flight-to-cash/

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