Wall Street Builds S&P 500 ‘No Dividend’ Fund in New Tax Dodge

Published on July 9, 2025

Wall Street’s latest tax dodge doesn’t hide in the Cayman Islands or rely on complex derivatives.

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Treasury Bulls Unwind Big Bets as Strong Data Pushes Yields Up

July 9, 2025
Futures traders have been unwinding some large bullish bets on Treasury bonds, adding to the recent upward pressure on US yields after a surprisingly strong jobs report last week.

First Leveraged CLO ETF Tests Retail Crowd’s Appetite for Risk

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Reckoner Capital Management is testing investors’ hunger for a new category of risky bets with an exchange-traded fund that uses leverage to juice returns on collateralized loan obligations.