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Cost to Hedge Against Further Selling of US Treasuries Hits Highest Since March

Bloomberg ·

BAC Bank Of America Corp
$61.73 +1.08%
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  1. 1Bond traders are paying the highest premium since March to hedge against further upside in long-term yields.
  2. 2The 25-delta one-month put skew premium on calls is at its highest in roughly five months, and on Wednesday a single buyer paid about $20 million to hedge a 5.3% rise in the 30-year.
  3. 3After the Fed held rates steady for a seventh straight month, concerns over a delay in taming inflation pushed the 30-year yield to its highest level since 2007.

This 3-line summary is compiled from the report below.

Bloomberg View original ↗
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