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The bond market is in the middle of its worst decline since 1949. It's set to unravel some very popular trades, BofA says

2 monthes ago   |   By Business Insider

Welcome back, team. Phil Rosen here. On Friday, I wrapped my final day at the Messari Mainnet conference in New York City. There, I rubbed shoulders with crypto enthusiasts, blockchain founders, and angel investors who all seem convinced the future of finance is decentralized - and that after parties are mandatory. For the small price of sleep deprivation, last week I took note of dozens of evening festivities ranging from panel talks to rooftop happy hours and even a yacht party. The overwhelming bullishness was the most obvious quirk of the conference. Bitcoin and ether have cratered...
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