https://www.bloomberg.com/news/articles/2023-10-12/dreams-of-big-treasury-gains-backfire-with-10-billion-etf-loss
All year, Wall Street pros have been sinking record sums of cash into the world’s largest Treasury ETF in a high-conviction bet that interest rates have peaked. All year they’ve been wrong, with an estimated $10 billion loss — yet that’s not stopping a cohort…
Create an account or login to join the discussion