lets say i have a rates portfolio with a global benchmark, but USD rates are 2/3 in the benchmark. If im 40 percentage points underweighted in usd exposure and equally overweight in EUR, any idea what my carry exposure is in the 5y5y forward
lets say i have a rates portfolio with a global benchmark, but USD rates are 2/3 in the benchmark. If im 40 percentage points underweighted in usd exposure and equally overweight in EUR, any idea what my carry exposure is in the 5y5y forward