DECEMBER THE FOURTEEN

It’s going to be quite an eventful “DECEMBER THE FOURTEEN” as we have Fed rate decision, ECB rate decision, BOE official bank rate and official exit polls for Gujarat, Himachal Pradesh assembly election lined up. Market is almost certain that Fed will hike rates, BOE and ECB will hold yet again and BJP will win […]

LAST CHANCE TO HEDGE USD LIBOR RISK?

USD 6 months LIBOR has shot up from 0.88 to 1.32 in last six months and US 10-year yield from 1.54 % to 2.59 % in last three months. Let’s go little back in time. On December 17th-2015 FOMC unanimously voted to set the new target range for the federal funds rate at 0.25 % […]