
Rick Bensignor
An oil-services pair trade, a defence long, and why bond yields keep rising
- Long oil services (OIH) against oil & gas producers (XOP), as a pair trade
- Long aerospace & defence (XAR) from around 220, target 250 to 272
- Long consumer staples against materials (XLP/XLB) from 1.68, target 2.0 to 2.10
- His biggest call of the year: the 10-year yield to 5.6% at minimum
Watch this if you own oil producers or oil-service stocks, hold defence names, or are long Treasuries waiting for rate cuts.
Track record: Sep 4, 10-year at 4.78%, Rick said yields were likely going higher. They hit 5.31% a month later.


















