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.
TaiwanÆs GreTai Securities Market appoints JP Morgan as sole clearer for foreign government bonds.