US Treasuries sell-off deepens as ‘safe haven’ status challenged

"Hedge funds have trillions tied up in this kind of strategy,” he said. “As things spiral, they’re being forced to sell anything they can — even good assets — just to stay afloat . . . if the Federal Reserve doesn’t step in soon, this could turn into a full-blown crisis. It’s that serious.”

“Given the scale of the rout, that’s raising questions about whether the Federal Reserve might need to respond to stabilise market conditions,” said Jim Reid of Deutsche Bank. “Markets are pricing a growing probability of an emergency cut, just as we saw during the Covid turmoil and the height of the global financial crisis in 2008.”

Boo fuckin hoo, another financial bailout of hedge funds would be an affront to the people who are paying for their chipotle with klarna.

I recognize that many retirement accounts are managed by hedge funds. 10+% year over yield was never sustainable and we were fools who believed it could be.

Tesla valued at 100x their income was bound to fall, rehiring the orange man, global wars, did anyone really expect stability?

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"Hedge funds have trillions tied up in this kind of strategy,” he said. “As things spiral, they’re being forced to sell anything they can — even good assets — just to stay afloat . . . if the Federal Reserve doesn’t step in soon, this could turn into a full-blown crisis. It’s that serious.”
“Given the scale of the rout, that’s raising questions about whether the Federal Reserve might need to respond to stabilise market conditions,” said Jim Reid of Deutsche Bank. “Markets are pricing a growing probability of an emergency cut, just as we saw during the Covid turmoil and the height of the global financial crisis in 2008.”
Boo fuckin hoo, another financial bailout of hedge funds would be an affront to the people who are paying for their chipotle with klarna.
I recognize that many retirement accounts are managed by hedge funds. 10+% year over yield was never sustainable and we were fools who believed it could be.
Tesla valued at 100x their income was bound to fall, rehiring the orange man, global wars, did anyone really expect stability?