Fidelity: Hedge Funds Drive French Bond Spread Blowout
Hedge funds are responsible for approximately 50% of the recent dramatic sell-off in French government bonds, according to Fidelity's chief investment officer for fixed income. This is attributed to the growing presence and significant footprint of these investors in the regional market.
Hedge funds have had a significant role in the recent sharp sell-off in French government bonds, Fidelity's chief investment officer for fixed income said on Friday, citing the size of their presence in the regional market. "There's now a much bigger presence in France of hedge funds, and i…"