To meet redemption requests, the overnight schemes don’t have to make any sale transaction before market hours. Instead, these schemes, based on redemption requests, may decide not to reinvest the maturity proceeds to be received on T+1 settlement date.
Battered Wall Street short brigade is refusing to admit defeat
After a period of panic fueled by trade war fears, Wall Street has rebounded, driven by optimism surrounding potential tariff progress. Risky assets have rallied,