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“Severities should be dealt out all at once, so that their suddenness may give less offense; benefits ought to be handed drop by drop, so that they may be relished the more.”

In this update, we will revisit the potential debt ceiling hedges discussed in previous updates and explore strategies for managing them moving forward. Our aim is to avoid the common practice where banks and brokers place clients in costly trades without providing post-sales sup...

 

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MTC inflation | Debt ceiling hedges

We examine the performance of the debt ceiling hedges we proposed ahead of the X-date and how to manage them from here on.