More bond shenanigans.

Interesting post from Bloomberg about bond traders decreasing their bets on flattening yield curve. Evidently, a lot of money was made playing the flattening yield curve lately, but they are supposedly decreasing exposure to this trade. Perhaps this points to rising long term rates.??

quote.bloomberg.com/apps/news?pid=10000006&sid=a_YCtBII9R90&refer=home