Monday, May 27, 2024

Treasury transaction values jump 27% in Q1

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Treasury transaction values jumped 27% to $514bn in the first quarter, as hedge funds continue to target high cash returns with interest rates poised to remain elevated.

“Alternative funds moved to ensure any excess cash was earning the best return possible [in Q1],” according to the latest data from Citco, which services assets worth $2trn.

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