Treasury liquidity is worsening as hedge funds Rokos and Alphadyne reportedly incur losses from wrong-way bets on yields
November 01, 2021 at 11:11 AM EDT
Rokos and Alphadyne are identified by Bloomberg News as two hedge funds that have incurred losses on yield-curve plays. Volatility in the global rates market has triggered potential losses for a number of large leveraged players, which is leading to deteriorating liquidity in the U.S., Europe, Canada and the U.K., BofA strategists said.