Managing Commodity Price Risk
by George A. Zsidisin, Janet L. Hartley, Barbara Gaudenzi, Lutz Kaufmann
Using Commodities as Collateral: The Case of China
Antonio Cesarano
Head of Market Strategy, MPS CAPITAL SERVICES
Background
In recent years, commodity prices have experienced significant fluctuations, with different reactions from financial markets. In particular, the dynamics of commodity prices showed significant differences during the economic and financial crisis that began in September 2008 (i.e., the month of the default of the former government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac). In response, in the following months, the U.S. Federal Reserve (FED) spent billions to buy back Treasury notes and mortgage-backed securities. During the two years after the crisis began, the U.S. government was forced to create ...
Become an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
and much more.
Read now
Unlock full access