Hedge fund manager Crispin Odey has built up a short position against UK government debt that is now worth 154.8% of his flagship €173m European fund.
According to documents seen by the Financial Times, the position is now the single largest position on the fund. Odey, who has publicly backed Brexit, has been building the position in 30-year debt...
The US dollar is close to peaking and the risks now seem to be on the downside.
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