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Macro Finance

Citi Traders Pitch Shorting French Shipping Giant CMA CGM Bonds

Bloomberg Markets·July 16, 2026·1 min read

Citigroup’s credit traders and analysts are recommending their hedge fund clients short bonds issued by French shipping giant CMA CGM Group, according to people familiar with the matter. The recommendation comes as the shipping industry faces headwinds, with traders betting on a decline in the company's bond prices amid broader market uncertainties.

Read at Bloomberg Markets
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