Traders Grapple With World That’s Good for Dollar, Bad for Bonds


Adam Coons, chief investment officer at Winthrop Capital Management, which manages more than $3.9 billion, says he is long the dollar, but less positive on longer-term US bonds that will get hit the most should the US economy continue to outperform the rest of the world and fuel inflation. He’s funding the firm’s long dollar exposures by selling the euro and yen, currencies that offer less attractive all-in yields.



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