Sterling, the surprise package
Despite the chaos of Brexit, a benign basis swap and a reformed Libor replacement rate have seen a boom in sterling-denominated SSA issuance in the first three months of the year.
Best laid plans
Few would be so presumptuous as to lay claim to the ability to plot the progress of the global economy with unerring accuracy on a constant basis. But there are still many that make the prediction game their stock in trade – with varying degrees of success.
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