Published: Jan 11, 2026, 17:21 IST | Updated: Jan 11, 2026, 17:21 IST
As the Fed continues to cut rates, corporates are becoming more enamoured with swapping from paying fixed to paying floating rates, to get exposure to the rate-cutting process. Should the Fed morph ultra-dovish, all the better, it seems. But how could that outcome evolve? And what then?