BUSINESSBloomberg Markets·6h ago
BNP’s Asset Unit Shorts China Rate Swaps to Hedge EM Bond Bets
AI TLDR · GEMINI
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BNP Paribas Asset Management has been hedging its bullish bets on higher-yielding emerging-market bonds by shorting offshore Chinese interest-rate swaps, according to James McAlevey, head of global aggregate and absolute return.
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