At 7 a.m. in New York, a Red-Hot Treasury Trade Starts to Unwind

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Sep 03 2020, 9:30 AMSep 03 2020, 12:10 PMSeptember 03 2020, 9:30 AMSeptember 03 2020, 12:10 PM

(Bloomberg) -- Like clockwork this week, as soon as the New York trading session has gotten underway, 30-year Treasuries have jumped.

At 7 a.m. in New York\, a Red-Hot Treasury Trade Starts to Unwind