Most Perfect Trade In Markets Is Getting Dangerous

Source: zerohedge.com

The article warns that the hottest trade in markets - betting on lower US bond yields via shorting 10-year Treasuries - has grown so massive it's becoming risky. Hedge funds and speculators have built $800 billion in positions, rivaling levels seen before blowups like the 1994 bond massacre. It matters because if the trade unwinds, it could spark sharp yield spikes and market turmoil, hitting everyone from pensions to stocks.