Hedge Funds Place Biggest Ever Short on Benchmark Treasuries
Hedge funds betting on higher Treasury yields in a market that’s divided over whether the US economy can avoid recession and Fed interest-rate cuts.
Hedge funds betting on higher Treasury yields in a market that’s divided over whether the US economy can avoid recession and Fed interest-rate cuts.
This year’s rally in risk assets is more to do with a $1 trillion central bank liquidity injection than any improvement in the economic outlook.
Stocks barely budged last week, with the S&P 500 shedding 0.1%. The index is now up 7.6% year to date, up 15.5% from its October 12 closing low.
Results from a number of mid-sized lenders showed that regional banking isn't getting any easier.
Barclays Plc is axing nearly half of its US-listed exchange-traded notes a year after revealing a paperwork error tied to its products.
Year ago, venture debt financing was at peak yet $32B industry rarely made headlines. Fast forward to today, “the state of venture debt is declining.”
Texas Capital Bank plans to launch an exchange-traded fund that will give investors exposure to companies domiciled in the Lone Star State.