Everything You Need to Know About the Basis Trade Spooking Marketsbloomberg.com 2 pointsjocaal1 year ago3 commentsSaveHideCopy link On HNComments−JSR_FDED1yhttps://archive.is/DIpfw−giardini1yHow about a tl;dr?−jocaalOP1yhttps://finance.yahoo.com/video/breaking-down-treasury-basis...Hedge funds were performing this trade with large amounts of debt and due to the tarrifs they were forced to sell off treasuries to obtain cash, so the treasury market tanked. This is likely the reason for trump reducing tarrifs.
Comments
https://archive.is/DIpfw
How about a tl;dr?
https://finance.yahoo.com/video/breaking-down-treasury-basis...
Hedge funds were performing this trade with large amounts of debt and due to the tarrifs they were forced to sell off treasuries to obtain cash, so the treasury market tanked. This is likely the reason for trump reducing tarrifs.