By Jamie McGeever
LONDON, Jan 15 (Reuters) - The direction fast money is flowing at the start of the year could not be clearer as
hedge funds and speculators ramp up their bets on a lower dollar and higher U.S. bond yields.
Most of these bets are currently in the money. The dollar hit a three-year low on Monday, the 10-year Treasury yield last week rose to its highest since March, and the two-year yield is its highest since 2008.
But as U.S. currency and yields hit levels not seen in years,
the size of bets needed to get them there is also growing. Many of these positions are getting stretched, in some cases close to record levels, casting doubt on how much more they can expand and therefore keep the current trends intact.
Yer İmleri