GoldFix

GoldFix

Share this post

GoldFix
GoldFix
To Save UST, The USD May Have to Die a Bit

To Save UST, The USD May Have to Die a Bit

BNY Excerpt

VBL's avatar
VBL
May 07, 2025
∙ Paid
5

Share this post

GoldFix
GoldFix
To Save UST, The USD May Have to Die a Bit
Share

When the UST market stabilized, much was made of the volume of unhedged USD exposure out there.Here are first signs (early as they are) that new UST demand is being met with USD exposure hedging.

And it is not pretty. Very interesting chart accompanying this comment

This post is for paid subscribers

Already a paid subscriber? Sign in
© 2025 VBL
Privacy ∙ Terms ∙ Collection notice
Start writingGet the app
Substack is the home for great culture

Share