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Investors Stung as Favorite European Swap-Rates Trade Flops

Key Points

One of Europe’s most popular interest-rate wagers in recent years took a fresh hit last month as the latest spike in global energy prices drove a surge in short-term bond yields.

One of Europe’s most popular interest-rate wagers in recent years took a fresh hit last month as the latest spike in global energy prices drove a surge in short-term bond yields.
Europe (LOCATION)
Originally published by Bloomberg Markets Read original →