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CTAs up bond shorts ahead of US inflation data

Trend-following hedge funds are carrying their largest-ever bearish exposure to global government bonds, increasing the potential for a sharp reversal if this week’s US inflation data weakens expectations for further Federal Reserve rate increases, according to a report by Bloomberg.

We haven't written up this one. Hedgeweek has the full story — the link below goes straight to it.

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Europe braces for another heatwave

Europe braces for another heatwave

Repeated heatwaves this summer have had severe consequences across Europe, scorching grasslands and causing rivers to fall so low that they’ve revealed secrets dating back to the Second World War.

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