Quantcast

Ineffective hedging clashes with cash CDOs, interest rates

Mezzanine note holders, in particular, need to keep their shields raised in preparation for rising interest rates, especially those with positions in cash collateralized debt obligations. While standard hedging practices crafted by managers and dealers may project out smoothly on paper, market uncertainties have thrown a few "hot pokers"...

To continue reading, log in, register or subscribe below.Calendars are available to registered users of The Bond Buyer web site.
Please log in below with the credentials you established at the time of your subscription or when you set up a free trial. If you have never set up an account with The Bond Buyer, please click the "Free trial" link below to set up your account.

Already a subscriber? Log in here.

Please note you must now log in with your email address and password.

 

Upcoming Events

Already a subscriber? Log in here
Please note you must now log in with your email address and password.