The one-year Overnight Indexed Swap (OIS) has surged to 6.62%, the highest in 45 months. The one-year OIS yielded at 6.62% versus 6.64% on December 18, 2018, showed Bloomberg data compiled by ETIG.
Kaynes shares plunge 43% from October peak. Is a tactical rebound on the cards or more pain ahead?
Kaynes has plunged 43.5% from its October peak, with Friday’s 12.5% drop marking the steepest single-day decline. Momentum indicators remain bearish, signaling a risk of