Investors Stung as Favorite European Swap-Rates Trade Flops
One of Europe’s most popular interest-rate wagers in recent years took a fresh hit last month as the latest spike in global energy prices drove a surge in short-term bond...
By Georgia Hall · Bloomberg Markets
One of Europe’s most popular interest-rate wagers in recent years took a fresh hit last month as the latest spike in global energy prices drove a surge in short-term bond yields.