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Investors Stung as Favorite European Swap-Rates Trade Flops

One of Europe’s most popular interest-rate wagers in recent years took a fresh hit last month as the latest spike in global energy prices drove a surge in short-term bond yields.

This article was originally published by Bloomberg Markets and is republished here under license.

One of Europe’s most popular interest-rate wagers in recent years took a fresh hit last month as the latest spike in global energy prices drove a surge in short-term bond yields.

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