Hedge Fund Mount Lucas Sells Treasuries as Fed Bets Gone Too Far
(Bloomberg) -- Investors have little room to take advantage of the rally in US Treasuries now, with the Federal Reserve unlikely to cut rates as aggressively as the market expects, according to Mount Lucas Management LP. Most Read from BloombergBiden Invests $100 Million to Fuel Housing ConstructionHow Chicago’s Gigantic Merchandise Mart Is Still Thriving as Office SpaceGottheimer Calls for Rail Riders to Be Reimbursed for DelaysJohannesburg Mayor Quits Amid Infighting, Financial WoesLos Angeles