Flash: Investors positioned for higher US rates – RBS

FXstreet.com (New York) - According to the RBS Research Team, “There are widespread signs that investors are now defensively positioned for higher rates.”

“To this end, medium-term momentum signals are deeply oversold for US rates. Cover shorts, be long 2-year notes and be ready to extend durations when longer-term momentum signals finally confirm that the bear trend in place since early May has ended.” this team adds.