There Are Two Reasons that 75 Percent of U.S. Banks Didn’t Hedge Their Interest Rate Risk as the Fed Hiked Rates at the Fastest Pace in 40 Years

by Pam Martens and Russ Martens, Wall St On Parade: An academic study released in April found that during the fastest pace of Fed interest rate hikes in 40 years, the majority of U.S. banks failed to hedge their interest rate risk. The study on hedging is titled: Limited Hedging and Gambling for Resurrection by U.S. […]