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BofA Securities lists the “many” ache trades merchants did not have on their bingo playing cards for Q1.
- T-bills (SHY) beating AI Hyperscaler bonds
- U.S. greenback (DXY) beating bitcoin (BTC-USD)
- Oil (USO) (BNO) > gold (GLD)
- Yield curve flatteners > steepeners
- EM
