Inflation hedges flat among US funds, while payers surge

Counterparty Radar: Total inflation-receiver positions inched up in Q1, while inflation-paying books leapt 44%


As the inflation debate rumbled on through last year – short-lived spike, or scary new era? – inflation swap books at US mutual funds gradually shrank. Then, in the first quarter of 2021, they suddenly rebounded, and inflation hedges weren't driving the growth, according to analysis of the sector’s regulatory filings.

Between them, US funds reported $26.8 billion of inflation swaps in the first quarter, up $3.7 billion on the previous quarter – a 16% increase that took the collective

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: