Quant Funds Face Pressure Amid Treasury Buybacks and Moderna Share Surge
UKPulse Money Desk
Quant funds have experienced a tumultuous session, with momentum trades unsettled following a boost in Treasury buybacks and a leap in Moderna shares.
- Quant funds were affected by a tumultuous session.
- Treasury buybacks were boosted.
- Moderna shares saw a significant leap.
Quant funds have been impacted by a tumultuous session in the markets. This comes as the Treasury has increased its buybacks and Moderna shares have experienced a significant leap.
The session has put further pressure on momentum trades, which have reportedly been unsettled since a sell-off in AI-related stocks.