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Category Innovation

A bestiary of leveraged Treasury market trades

There’s a lot going on in the Treasury market right now, and none of it is good. Liberation Day seems to have morphed into Liquidation Day. You might have seen terms like “off the runs”, “basis trades”, “swap spreads” and…

Deutsche’s dollar downer

Stay informed with free updates Simply sign up to the US trade myFT Digest — delivered directly to your inbox. George Saravelos, global head of FX research at Deutsche Bank, has been worried about the outlook for the dollar for…