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Basis Trade Fuels Hedge Funds’ US Bond Exposure: Fed Report
Hedge funds’ growing exposure to Treasuries is primarily due to the revival of the cash-futures basis trade, according to a Federal Reserve economist.
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Basis Trade Fuels Hedge Funds’ US Bond Exposure: Fed Report
Hedge funds’ growing exposure to Treasuries is primarily due to the revival of the cash-futures basis trade, according to a Federal Reserve economist.
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