Buy-the-Dip Bond Traders Are Scared of Momentum
U.S. dollar banknote tips sit in a street musician’s hat in the French Quarter of New Orleans. (Photographer: Luke Sharrett/Bloomberg)

Buy-the-Dip Bond Traders Are Scared of Momentum

(Bloomberg Opinion) -- During one of the strongest bond market rallies in history, the mantra “buy the dip” sounded like a pretty sound trading strategy. Actually executing that plan appears to be ...
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