Relative value managers raced to short their Treasury positions after the US Fed hinted at tapering in May, borrowing from the repo market. But demand saw hedging costs spiral.
Tag : us treasuries
Bond fund managers in the US debate which sectors of the market will be affected if the country suffers a credit downgrade – and which could prosper.
Portfolio manager Kenneth Buntrock believes credit is still the best place to be in US fixed income.
In the first of a series of investment review and outlook pieces, Northern Trust's chief investment strategist says the group underestimated the rebound in global real estate in 2009, but made the right call on emerging markets.
TaiwanÆs GreTai Securities Market appoints JP Morgan as sole clearer for foreign government bonds.