Need to Know: A one-way bet could end in a steep selloff for this commodity

It looks like the great march to 3% for the 10-year Treasury bond yield has been called off, at least for now.

It’s a good thing, then, that investors have plenty to keep them busy this week on the earnings front, with Google kicking off a big week for techs last night, Facebook and Twitter tomorrow, then Amazon Thursday.

But investors aren’t likely to so easily forget how close the 10-year yield came and how it remains in the ballpark of that key level, especially given the huge boost the dollar has gotten as a result. That’s been tough on those who have been making heavy bets that the greenback’s rout, which started in early 2017, will just keep going.

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