Hedge Funds Go Short As FOMC Disappoints

12 Aug 2010

Some hedge funds opportunistically put on short positions as credit spreads widened after the market digested the content of Tuesday’s statement from the Federal Open Market Committee.

--Olivia Thetgyi

Some hedge funds opportunistically put on short positions as credit spreads widened after the market digested the content of Tuesday’s statement from the Federal Open Market Committee.

The shorts were in the form of buying protection through credit default swaps on corporate credit indices, or on individual ...

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