Traders Are Risking It All on Bets That Market Boom Will Last

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Traders Are Risking It All on Bets That Market Boom Will Last
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Junk-bond spreads are narrowing, quants are ramping up Treasury shorts and everyone is piling into stocks — what could possibly go wrong?

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, quants are ramping up Treasury shorts and everyone is piling into stocks. What once was a posture of skepticism among investors has morphed into something approaching euphoria. Cash and hedges are out, replaced by.

, quants are ramping up Treasury shorts and everyone is piling into stocks. What once was a posture of skepticism among investors has morphed into something approaching euphoria. Cash and hedges are out, replaced by
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Dow falls 230 points, stocks drop as Treasury yields climbs above 4%Dow falls 230 points, stocks drop as Treasury yields climbs above 4%U.S. stocks were heading lower in the final hour of trade Thursday as long-term Treasury rates shot above 4% and a surprisingly resilient U.S. economy ramped...
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