JPMorgan Sees a $1.2 Trillion Reason to Nix a U.S. Yield Rebound
A pedestrian walks past a JP Morgan Chase & Co. signage, New York. (Source: Bloomberg) 

JPMorgan Sees a $1.2 Trillion Reason to Nix a U.S. Yield Rebound

(Bloomberg) -- Banks likely hold the equivalent of $1.2 trillion worth of short positions in 10-year Treasuries, suggesting any rebound in yields could be capped if they cover their bets, according...
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