Hedge Funds Propel Treasury Short Positions to New Highs at Inopportune Moment

(Bloomberg) — Hedge funds have reached a record level of short positions on Treasuries just before the recent rally caused by smaller-than-expected US bond sales and weaker jobs data. Most Read from Bloomberg Leveraged funds have significantly increased their net short Treasury futures positions. This is the highest level of short positions recorded since 2006, …

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Unraveling the GameStop Stock Saga: Relive the Epic Tale

Dumb Money captures the internet fanaticism of the GameStop-stock rush almost one year into the pandemic. Sony Pictures September 22, 2023, 12:23 PM ET It seems the turnaround time for films that are “based on a true story” is getting shorter and shorter. Dumb Money, directed by Craig Gillespie, is a new movie capturing the …

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Unveiling the Peril: How Hedge Funds Fuel Financial Turmoil Through US Treasurys Shorting

The Bank of International Settlements (BIS) issued a warning to financial markets, expressing concerns that hedge funds’ large leveraged bets against the all-important US Treasury market could cause disruption. Eric Beiley Part II: Where rates are heading According to a research note from BIS economists Fernando Avalos and Vladyslav Sushko, hedge funds currently hold a …

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Billionaire Ken Griffin’s Hilarious Reaction to Upcoming ‘Dumb Money’ Movie Sends Internet Abuzz

Ken Griffin challenges the accuracy of his portrayal in the film “Dumb Money,” particularly regarding his art collection. Griffin’s attorneys acknowledge their appreciation for art and commend the casting of Nick Offerman as Griffin. However, they dispute the claim that Griffin purchased paintings by de Kooning and Picasso to keep them away from Steve Cohen. …

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The Remarkable Journey of Hedge Fund Legend Peter Brown: 2,000 Nights Spent Sleeping in the Office

The Unconventional Lifestyle of Peter Brown, CEO of Renaissance Technologies The chief executive of one of the nation’s most successful hedge funds, Renaissance Technologies, has revealed a surprising habit he adopted to enhance his focus and productivity. Peter Brown, a 68-year-old CEO based on Long Island, admitted to spending approximately 2,000 nights sleeping in his …

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Citadel halts Manhattan expansion plans while actively recruiting talent

Citadel’s pursuit of an additional 400,000 square feet of Manhattan space at 280 Park Avenue has encountered a temporary setback. In June, Crain’s reported that Ken Griffin’s hedge fund was in negotiations with landlords SL Green and Vornado for the expansion space. The 1.27 million square-foot tower is nearly fully leased, but a few large …

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Unveiling Ray Dalio: A daring exposé attempts to uncover the real face behind the ‘benevolent business titan’

Hedge fund billionaire Ray Dalio, who is well-known for advocating “radical transparency” in management, has hired a team of expensive lawyers to threaten the publication of a new book that exposes unsavory truths about his investment firm. The book, titled “The Fund: Ray Dalio, Bridgewater Associates, and the Unraveling of a Wall Street Legend,” is …

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Tiger Global in Disarray as Former Employee Allegedly Composes Deceptive Draft

Investment firm Tiger Global Management LLC, renowned for its early investments in tech giants like Meta and Spotify, recently informed its limited partners about being targeted in a series of misinformation attacks by a former employee. This revelation came to light through a letter obtained by Reuters. The firm was responding to a draft article, …

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Unconventional Judge Disrupting the $1.2 Trillion Crypto Market

Revering the judiciary for its ability to uncover legal truths may not always be warranted, as evidenced by recent statements made by Supreme Court Justice Ketanji Brown Jackson and Manhattan federal judge Analisa Torres. Justice Jackson argued that having a black physician doubles the chances of survival for high-risk black newborns, a claim that would …

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