Hedging Strategies in Action: Q1 2026
Jordan Wank
Q1 marked the first quarter in years that declining rates hedges led our flows. Many depositories capitalized on the 40+ bp spike in rates by unwinding pay-fixed swaps or executing receive-fixed swaps, which became income accretive. Options were less popular but have re-emerged as market volatility calmed from March highs, making the asymmetric payoff profile more affordable. Continue reading "Hedging Strategies in Action: Q1 2026" The post Hedging Strategies in Action: Q1 2026 appeared first on