JPMorgan Chase: It is recommended to exit short positions in 30-year Treasury bonds ahead of the US non-farm payrolls data

JPMorgan Chase & Co. recommends taking profits on “tactical” short positions in 30-year U.S. Treasuries ahead of the risk of the event of Friday’s U.S. employment data. Strategists, including Jay Barry, wrote in a research note that the bank recommended shorting the 30-year Treasury note about three weeks ago because of the large supply of high-quality corporate bonds in early January, as well as long Holdings, given unfavorable year-end seasonality.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)