Jiang, Erica Xuewei; Matvos, Gregor; Piskorski, Tomasz; … - 2023
-collected data on broader hedging activity from 10K and 10Q filings for all publicly traded banks (68% of all bank assets). Interest ….S. banking system are hedged by interest rate swaps. We also find limited hedging of interest rate exposure by publicly traded … banks and by banks which report the duration of their assets. The use of hedging and other interest rate derivatives was not …