In our earlier columns, we’ve typically addressed a serious pitfall for bond traders: the try and out-guess the market. Many are annoyed with present yields and resolve to maintain their funding {dollars} parked in cash market funds, ready for long-term rates of interest to grow to be extra engaging. At present, a staggering $7.186 trillion is idly sitting in US money-market funds, as traders look forward to the “proper” second to enter the market.
