Mass hedging against interest rate risk tests clearing systemBy Ellesheva Kissin
October 19, 2023
Interest rate derivative volumes have “surged” as traders hedge against the impact of stubbornly high rates that triggered this year’s US banking crisis. The number of trades also grew by 18.2%, from 1.1 million to 1.4 million.
- Total interest rate derivatives traded notional hit $181.6tn ...
Banks in emerging markets may find it "challenging" to address rising interest rate risk without the use of more sophisticated hedging tools, the Bank for International Settlements has warned. Interest...Read more