Entries by Curve

The Perils of Foreign Currency Debt Revisited

I have learnt to expect the unexpected in global funding and investment markets. I read a Bloomberg story on 29 June 2018 titled “China is said to Weigh Banning Short-Term Dollar Bond Sales”. It gave me an immediate sinking feeling. I thought “Oh dear, what were they thinking?” USD Libor 1 year interest rates near 0% […]