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JPMorgan’s Whale Trades Raise Cost of Hedging IG9 Company Debt – Bloomberg

JPMorgan's Whale Trades Raise Cost of Hedging IG9 Company Debt
Bloomberg
JPMorgan used the instruments to hedge exposure on loans and other credit risks tied to corporations, banks and sovereign governments. The losses emerged after the firm tried to reduce that position, Dimon said. Swap Prices Swaps tied to AT&T have

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