News Digest:

Leading global macro hedge funds have registered some of their best windfall gains since the 2008 financial crisis so far this year, amid a spike in volatility across asset classes, as central banks worldwide tighten monetary policy swiftly to check soaring inflation.

Takeaway:

Driven by their aggressive wagers on a spike in bond yields – particularly at the longer end of the yield curve – Graham Capital, Brevan Howard, Rokos Capital and Odey European are learnt to have posted double-digit percentage gains for the year to date.

End Notes

Source: https://www.ft.com/content/7e87f983-2b96-4363-84b6-04cccfc97033