Wall Street Is Prepping for Fresh Waves of Market Volatility
- Hedge funds, big speculators are now long 10-year Treasuries
- Outflows from European corporate ETF are longest since March
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Right on cue, fresh waves of selling are hitting Wall Street trading desks as signs emerge of a second virus outbreak.
Infection cases from America, China and Turkey are giving traders renewed ammo to bet against V-shaped recovery hopes that have helped send the investing world from depression to euphoria in less than 100 days.