Portuguese Debt Becoming A Hot Hedge Fund Trade Once Again – ValueWalk Premium

Portuguese Debt Becoming A Hot Hedge Fund Trade Once Again

After the run-up in the Portuguese sovereign bond market, which several big name hedge funds cashed into, it's now time for Portuguese bank debt to become a hot commodity. Banks in Portugal could end a four-year ban on selling junior debt in the markets, and it seems hedge funds are already lobbying to speed up the process, reports Reuters.

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