Rapid euro curve flattening following Merz’s comments last week caught out a number of hedge funds, say dealers ...
The trade, known as a curve steepener, is a bet that securities maturing in the more distant future will underperform shorter ...
The US Federal Reserve is expected to keep interest rates at their current level for the second consecutive meeting on ...
(Bloomberg) -- One of the bond market’s favorite trades is getting fresh momentum in Europe, as the worst rout in German bonds in more than two decades propels selling of long-term debt.
Bund yield ended higher Tuesday and Nuveen said the steepening of the German government bond yield curve was likely to extend as the long end bakes in greater issuance.
The yield curve steepener underperformed and was a relative detractor to returns as the 3-30 years part of the curve modestly flattened. The underweight exposures to agencies and local authorities ...
The yield curve steepener underperformed as the 3-30 years part of the curve modestly flattened. — Currency exposure detracted, hurt by a stronger US dollar as the market priced in fewer ...
As signs of a more dovish central bank policy appeared in the final months of the year, the managers increased the portfolio's duration and used interest-rate swaps to intensify a curve steepener ...
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