How Citi is handling topsy-turvy rates markets
Talking Heads 2022: Rate hikes and inflation have forced a rethink of the US bank’s hedging strategies
This article is the first in a five-part series of interviews with senior rates executives at investment banks.
For rookie rates traders, a period of rising interest rates is a mysterious and alien experience.
And that’s no bad thing, says Deirdre Dunn, co-head of global rates at Citi. New blood can bring fresh ideas – something that is needed when markets enter uncharted territory and historical correlations break down.
This is a lesson Dunn learned when she was a junior trader on Lehman
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