Is everyone (including us) too bearish on US Treasuries?
Saxo Market Call

Is everyone (including us) too bearish on US Treasuries?

2025-05-23
Today, we ask whether too many have gotten too bearish on US treasuries, the one asset nearly everyone agrees no on should own. If so, US treasuries could be in for quite a painful squeeze ahead of a long US holiday weekend that would inevitably have interesting repercussions across markets, not least for the US dollar and gold. This and much more on today's pod, which is hosted by Saxo Global Head of Macro Strategy John J. Hardy. John's latest FX Update. Read daily in-depth market updates from the Saxo Market Call and the Saxo...
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