RBC BlueBay’s Bond Bear Who Called 5% Yield Pares Bearish Bets
Source: Live Mint (Bloomberg) — Long-term US Treasury yields have climbed so quickly that a prominent bear has said it’s time to take some chips off the table. Mark Dowding, chief investment officer at RBC BlueBay Asset Management, said he closed a bearish bet on long-maturity bond prices last week after a stronger-than-expected jobs report…