Business & Finance
Citadel Securities’ Flight Reverses Bearish Call on Long Bonds
Key Points
Citadel Securities’ Frank Flight, who just last month warned of a “cruel summer” for US bond investors, now sees the balance of risks tilted toward a rally, citing crowded bearish positioning and improving inflation data.
Citadel Securities’ Frank Flight, who just last month warned of a “cruel summer” for US bond investors, now sees the balance of risks tilted toward a rally, citing crowded bearish positioning and improving inflation data.