Risk Live playback: Citi’s Andrew Morton on rates markets
Citi’s co-head of markets tips EU bonds to rival USTs, and backs batch auctions as alternative to Clobs
It’s tough to make predictions, especially about the future of interest rate markets.
Andrew Morton, global co-head of markets and securities services at Citi, was willing to give it a try in this Risk Live presentation.
Global interest rate markets have confounded expectations over the past decade. After the 2008 financial crisis, the conventional wisdom was that primary dealers would be
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