“Moral hazard is a natural concern for a policy which removes the main risk that hedge funds face when taking leveraged positions in cash-futures basis.” Kashyap, et al, March 2025 The above quote …| Convex Strategies
On March 19, 2025, the Federal Reserve decided to maintain interest rates at their current level of 4.25% to 4.5%. This reflects a cautious approach amidst| Corporate Navigators