Wall Street sticks with mid-curve Treasuries as Fed path stays murky

Wall Street traders are not changing their minds. At BlackRock, PGIM, and Morgan Stanley, bond managers are still buying mid-curve Treasuries even as the Federal Reserve’s plan gets harder to read. They’re betting on the same trade that worked all year—sticking to bonds maturing in about five years. These are the bonds giving solid returns […] source: https://www.cryptopolitan.com/wall-street-sticks-with-mid-curve-treasuries/