Some See Protection Selling Angle Amid Fat Spreads
The mass unwinding of basis trades capitalizing on the differential between bond spreads and the cost of protecting them from default is leading to a protection selling opportunity.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts
