Volatility in Rates Claims More Victims

In this episode of Market Depth, Weston discusses yet another hedge fund taking big losses, $15bn AUM Rokos Capital Management, due to unprecedented swings in front-end rates. Weston also gives further perspective as to why these hedge fund positioning blow-ups matter - as their trading behavior is both causing, and is the consequence of extreme levels of heightened volatility. Furthermore, these fund implosions may very well be distorting market signaling, and our reading of "what markets are telling us" - and that perhaps the massive dispersion between the Fed's guidance and market pricing may not be as wide as it seems. -- Follow Market Depth On Spotify: https://spoti.fi/3mVTs9U Follow Market Depth On Apple Podcasts: https://apple.co/40dA2vm Follow Weston: https://twitter.com/acrossthespread Follow Blockworks: https://twitter.com/Blockworks_  Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/ -- Disclaimer: Nothing discussed on Market Depth should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.