Reported about 12 hours ago
Hedge fund leverage reached a five-year peak last week, driven by investments in bank stocks, trading companies, and insurance firms, as reported by Goldman Sachs. This surge followed the U.S. Federal Reserve's decision to maintain interest rates and occurred just before U.S. military actions against Iran's nuclear facilities. Hedge funds significantly increased their trading activity, especially in financial sectors, benefitting from higher interest rates, while also engaging in varied positions across global markets.
Source: YAHOO