The Corporate Hedging Monitor Q3 2025

Hedge ratios and tenors declined in Q3 amid tightening credit conditions across the UK and US - marking the lowest levels since our tracking began.

Our Q3 hedging monitor highlights a clear shift in corporate behaviour, as firms adapt to constrained credit availability and growing uncertainty around central bank policy.

Explore the key insights in this quarter’s report:

• Main external drivers behind hedging decisions
• Ongoing impacts of inflation and tariff policy on hedging strategies
• Expectations for the Bank of England’s and Federal Reserve’s interest rate path in 2026

 

Please refer to our Research Disclosure Page for more information on the data referred to in the above.