“The Squeeze Has Run Its Course” – According To BofA “The Rally Needs Central Bank Action To Continue”
by Tyler Durden
ZeroHedge.com
10/19/2015
“This positioning squeeze should have now run its course. Both positioning analysis based on our proprietary flows and the CFTC data suggest that the market is now short USD and long risk for the yea. A further increase in risk appetite will depend on central bank action, starting with the ECB this week.”
The Rest…HERE