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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?

, 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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