Devlin Bets on Court Loss for Trump With Wager on Steeper Yield Curve

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Why This Matters

Ed Devlin, a former Pimco executive, is betting on a steepening yield curve due to potential increased borrowing by the US if the Trump administration loses a Supreme Court case on tariffs.

Market Impact

Market impact analysis based on bearish sentiment with 80% confidence.

Sentiment
Bearish
AI Confidence
80%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

Former Pimco executive Ed Devlin has been adding to trades that will pay off if the yield curve steepens, believing the US will be forced to increase borrowing if the Trump administration loses the Supreme Court case on tariffs.

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Original article published by Bloomberg on January 14, 2026.
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