The Big 2020 Yield-Curve Steepening Bet Stumbles Out of the Gate
A trader reacts as he looks at financial data on computer screens on the trading floor. Photographer: Luke MacGregor/Bloomberg

The Big 2020 Yield-Curve Steepening Bet Stumbles Out of the Gate

(Bloomberg) -- It’s been a rough start to the year for the bearish bond trader, as an abrupt escalation in U.S.-Iran tensions has sent investors retreating to the safety of Treasuries.
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