Standard Chartered Bank has made three senior appointments in financial markets.
Remy Klammers is the new global head of fixed income trading. In his newly created role, Klammers will have responsibility for foreign exchange, rates, credit and structured products trading. Klammers reports directly to Lenny Feder, the bank’s financial markets group head.
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During the past few weeks the term premium spiked to levels not seen in over a decade and drove the latest leg of the bond selloff that's sent US Treasury yields to a 24-year high.
NEXA Lending also welcomed Andrew Deyo as leader of its Business Development Marketing program, and Flyhomes added three members to its leadership team.
Companies can now run collateral analysis and cashflow projections in their own AI environments, using systems including Claude and ChatGPT.
The declines pushed most US yields higher by 10 basis points in mid-morning trading, with 10- and 30-year benchmark yields near the highest since 2007 and 2004.
Some investors have looked to buy only shorter-term commercial paper from Guggenheim, while a smaller portion of backers have paused trading the firm's products
