At Business Insider, Joe Weisenthal points us toward this note from Goldman Sachs, which supports our thesis of higher long-term yields. Goldman is now urging clients to short the 10-year U.S. Treasury.
Go Short 10-yr US Treasuries
Since the end of last August, we have argued that 10-yr US Treasury yields would not be able to sustain levels much below 2% in this cycle. Yields have traded in a tigh...
