Hedge funds built a $1.2 trillion Treasury trade on money they have to keep borrowing
Companies can own a mountain of US government debt without betting that bond prices will rise. Hedge funds buy Treasury securities and sell futures against them to collect a small pricing gap, borrowing most of the purchase money to make the return worthwhile. The government gets another buyer, whose interest lasts as long as the […] The post Hedge funds built a $1.2 trillion Treasury trade on money they have to keep borrowing appeared first on CryptoSlate.
Read Full Article on CryptoSlateSummary generated by IndiCrypto from CryptoSlate. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Regulation
Brazil Calls Its Own Betting Laws Unconstitutional as Shutdown Begins
Brazil’s government has asked the Supreme Court to strike down the core of the laws that created its licensed betting market, two years after defending them. The filing landed days before licensed sites go dark on Oct. 6, with Justice Luiz Fux yet to rule on…
IRS Risk Chief Gives an Uncomfortable AI Warning for Regulators
Two years ago, we were using AI for research, writing, and making information easier to access. Then came more advanced capabilities — coding, building sophisticated apps and systems in minutes, automating business processes, and creating studio-grade images…
CFTC makes its biggest move yet to bring offshore crypto trading back to the US
The Commodity Futures Trading Commission (CFTC) is offering US crypto exchanges a federal route to retail leverage as Congress remains stalled on market-structure legislation. On Oct. 5, the financial regulatory agency opened rulemaking for Regulation Crypto…