Description: The Treasury market’s bears had better take notice: There’s a wall of global cash poised to swoop in and buy, likely limiting the upside in yields.

Source: Bloomberg.com

Date: Jan 15, 2021

Link: https://www.bloomberg.com/news/articles/2021-01-16/there-s-a-global-wall-of-cash-primed-to-snap-up-u-s-treasuries?srnd=premium-canada

Questions for discussion:

• Explain the analysis presented and recommendations to bond players.
• Do you agree with this assessment?