World’s Biggest Jump in Volatility Revives Dim Sum

Expectations for swings in the yuan climbed the most in the world in the past three months, sparking a rally in Dim Sum bonds as the central bank signaled a wider limit on daily exchange-rate moves. Three-month implied volatility for the currency offshore, a measure used to price options, jumped …

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World’s Biggest Jump in Volatility Revives Dim Sum

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