I am initiating long positions in US 10-year Ultra Futures on the assumption that the US 10-year yield could rise to a maximum of 4.85%.
If short-term rates rise above their current levels, I plan to gradually scale into the position.
While I do not have strict targets set at
"We assume that pace picks back up at some point, and penciled in that the monthly pace of purchases will be lifted to ~$40 billion per month in 2027 in order to ensure ample reserves as the Fed’s other liabilities rise"
from UBS
I can feel the heated debate surrounding buybacks. Honestly, I fully understand the underlying intentions behind the complaints being aired out. Objectively speaking, I think Bessent attempted a sort of recalibration. I don't call that manipulation.
Trading based on normative
