Collateral concerns and iffy auditing have raised fears of a ‘de-pegging’ event – and possible contagion across crypto and beyond
Hedge funds echo Mervyn King’s calls for a new approach to inflation modelling post-2022 crisis
Sector deemed resilient, but plausibility of some management actions questioned
Oxford-Man Institute is among those asking: could algorithms gang up and squeeze customers?
The basis between one-month and three-month US dollar Libor widened from 11 basis points to an average of 71bp during November. Distributions for CLO equity tranches, whose holders only receive payment once more senior debt holders are paid, reached their lowest since the onset of the Covid-19 pandemic.Read the full article