Federal Reserve reports hedge funds’ $830B Treasury exposure driven by basis trade
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Bitcoin Magazine Bitcoin Price Collapses to $59,000 — and the Worst May Not Be Over Bitcoin price has plunged below $60,000 after a perfect storm of ETF outflows, hawkish Fed.
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The post Federal Reserve reports hedge funds’ $830B Treasury exposure driven by basis trade appeared first on Crypto Briefing
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5 billion in May repurchasing convertible notes, reducing its debt but also draining cash that investors viewed as a backstop for its preferred-stock dividends
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