mcgeever

By Jamie McGeever ORLANDO, Fla. (Reuters) – Hedge funds have significantly increased their record bet on higher short-dated U.S. bond yields, confirming that whatever fight they had put up for …

By Jamie McGeever ORLANDO, Fla. (Reuters) – In the worst year for U.S. Treasuries ever, it is the ultra-long end that investors should be most worried about. Yields across the …

By Jamie McGeever ORLANDO, Fla. (Reuters) – Japan’s historic FX market intervention on Sept. 22 failed to stem the wave of speculative bets against the yen, culminating in a fresh …

By Jamie McGeever ORLANDO, Fla. (Reuters) – They’ll be proved right one day, just not yet. Hedge funds continue to bet that the U.S. Federal Reserve will end its aggressive …

By Jamie McGeever ORLANDO, Fla. (Reuters) – Hedge funds went into the Fed’s Sept. 20-21 policy meeting betting on a sign that a dovish pivot is looming onto the horizon. …

By Jamie McGeever ORLANDO, Fla. (Reuters) – While the Federal Reserve and other central banks obsess over avoiding a 1970s style ‘wage-price’ spiral, U.S. GDP data last week showed that …

By Jamie McGeever ORLANDO, Fla. (Reuters) – The dollar is soaring against the world’s major currencies, heading for its biggest calendar year rise in almost 40 years and third biggest …

By Jamie McGeever ORLANDO, Fla. (Reuters) – Retail investors are back. In fact, they never went away. The recent rebound on Wall Street has been partly credited to strong buying …

By Jamie McGeever ORLANDO, Fla. – Hedge funds slashed their long dollar positions and bet harder on a flatter yield curve, two macro trades that have come up trumps. The …

By Jamie McGeever ORLANDO, Fla. – The U.S. Federal Reserve’s plan to unwind its bond-bloated balance sheet has taken a backseat to its dramatic interest rate hikes of recent months …

By Jamie McGeever ORLANDO, Fla. – An inverted U.S. Treasury yield curve almost always heralds recession, but the yawning gap between high short-term funding costs and falling long-term borrowing rates …

(The opinions expressed here are those of the author, a columnist for Reuters.) By Jamie McGeever ORLANDO, Fla. – Central banks are jacking up interest rates to tackle the highest …

By Jamie McGeever ORLANDO, Fla. – It may just boil down to semantics, and in good times when inflation is low it’s not an issue at all. But the Fed …

By Jamie McGeever ORLANDO, Fla. – Buy and hold, maximum long. That has basically been the strategy for commodity hedge funds for the last couple of years, but it is …

By Jamie McGeever ORLANDO, Fla. – If estimates that world markets face a record $4 trillion liquidity drain over the next 18 months are even close to accurate, hold on …

By Jamie McGeever ORLANDO, Fla. – U.S. Treasury Secretary Janet Yellen this week issued a ‘mea culpa’ on getting it wrong on inflation. If the economy tips into recession in …

By Jamie McGeever ORLANDO, Fla. – U.S. Treasury Secretary Janet Yellen has barely made any public comment on the dollar’s exchange rate since she assumed office in January last year, …

By Jamie McGeever ORLANDO, Fla. – Being long dollars will no doubt become an overcrowded trade at some point and a reversal will ensue, but for hedge funds right now, …

By Jamie McGeever ORLANDO, Fla. – Evidence is rapidly mounting that Britain’s cost of living crisis is starting to bite, and hedge funds are in prime position to cash in …

By Jamie McGeever ORLANDO, Fla. – Hedge funds remain bullish on the dollar, holding a net long dollar position in currency futures markets for more than nine months. But remove …

By Jamie McGeever ORLANDO, Fla. – It will probably come good one day, but hedge funds’ latest attempt to position for a steeper U.S. yield curve has once again backfired …

By Jamie McGeever ORLANDO, Fla. – The first quarter was a scary ride for most investors but those who stuck to a conventional ’60-40′ portfolio of stocks and bonds escaped …