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The phrase "is hedged" is correct grammar and can be used in written English.
It is typically used when referring to an uncertain prediction, or hedging a bet. For example, "The forecast for the quarter is hedged to the downside, due to the uncertainty surrounding global trade policies."
Dictionary
is hedged
verb
To enclose with a hedge or hedges.
synonyms
Exact(53)
What happens next is hedged with unknowns.
But it is hedged in with price and exchange controls.
Still, the law is hedged about with provisos.
But what these funds typically aren't is hedged.
We don't do any proprietary trading; everything is hedged.
An additional 10percentt is hedged in other ways.
Similar(7)
So he is hedging his bets.
Mr. Cariño is hedging his bets.
For now, Armenia is hedging its bets.
The town is hedging its bets, though.
But Bajaj is hedging its bets.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com