美国利率策略 - 仓位平仓还是结构性转变？US Rates Strategy-Positioning Unwind or Structural Shift

March 23, 2026 10:41 AM GMT US Rates Strategy | North America Positioning Unwind or Structural Shift? Was the recent selloff mostly driven by positioning unwind, or does it signal a more durable structural shift? History from our skew framework suggests positioning-driven moves tend to fade within 10–15 trading days, placing us near an inflection point over the next few weeks. Key Takeaways For analyst certification and other important disclosures, refer to the Disclosure Section, located at the end of this ...