Why hedge funds could be making a bond market shock more likely
The Bank of England's deputy governor has warned that hedge funds' activities could raise the risk of a global bond market shock.
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The Bank of England's deputy governor has warned that hedge funds' activities could raise the risk of a global bond market shock.
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Quantitative hedge funds have captured big trends in bonds and oil to outperform the stock market this year.
Hedge funds can boost Treasury market liquidity, but their growing role also risks creating financial instability.
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