Hedge fund taps butterfly on Main
A London hedge fund has put on a butterfly trade based on the iTraxx Main three to seven year section of the yield curve, going long risk at the five year point, and short risk the three and seven year points, to play the recent divergence between the three-five-seven year butterfly and the market levels.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article: