Total-Return Swap Funding Trades Dry Up
Spiking short-term lending rates have all but torpedoed the strategy of investors selling total-return swaps to banks to finance other trades.
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
