Traders are loading up on Treasury options targeting a bond rally that would send US 10-year yields back to 4% in coming weeks, a level not seen since the end of November.
Michael Saylor’s Strategy Inc. bolstered its cash reserve to $2.19 billion and paused purchases of Bitcoin over the past week as the largest digital asset treasury company appears to be settling in for a long crypto winter.
Copper climbed to a fresh record and approached $12,000 a ton at the tail end of a momentous year dominated by trade turmoil, tight supply and optimism for long-term demand.
The largest U.S. bank is exploring spot and derivatives services for hedge funds and pensions as regulatory clarity improves, a person familiar with the matter told Bloomberg.
Anna Edwards, Guy Johnson and Adam Linton break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade." (Source: Bloomberg)
The Hong Kong Insurance Authority is proposing a slate of new rules to channel insurance capital into assets including cryptocurrencies and infrastructure — an unprecedented move that would redirect funds to government‑prioritized sectors.
Galaxy Digital’s Alex Thorn says options markets, falling volatility and macro risks make next year hard to forecast even as the firm keeps a bullish long-term view.
Wells Fargo & Co.’s global-markets business is expanding into options clearing, a capital intensive and operationally arduous corner of finance dominated by Bank of America Corp. and Goldman Sachs Group Inc.