Tier 1 newswirecnbc.com
Options traders start calling bottom on bond rout after 'bullet bid' 10-year auction
Options traders are increasingly betting on a reversal in the relentless U.S. Treasury sell-off, with signs of stabilization emerging from a robust 10-year auction. This development is crucial, as it may anchor UST yields and enhance the dollar's carry attractiveness. The willingness of traders to call a bottom reflects a growing consensus that the worst may be over for U.S. bonds, which could reduce risks for currencies sensitive to fixed income dynamics.