Brevan Howard, an $11 billion hedge fund, is betting on volatility in the world's most important market

REUTERS/Andrea Comas Brevan Howard, the London-based hedge fund run by billionaire Alan Howard, is launching a new fund to bet on an increase in volatility in the USTreasurymarket. The fund, called the Brevan Howard CMS Curve Cap Master Fund, will be led by senior trader Rishi Shah, who has been with the firm since 2010 in Geneva and New York, according to documents seen by Business Insider. The new fund will usewhat are called constant maturity swap curve caps to bet on both a steepening of the...