Where capital was not incoming quickly enough, pooled LDI funds would have been forced to deleverage by selling gilts at levels far exceeding the normal daily level of gilt trading into an illiquid market. (Some […]
wutwhanfoto/iStock via Getty Images If global financial markets had a theme for 2022 it would be this: the buck stops nowhere. My adaptation derives from President Harry Truman when he said “the buck stops here.” […]
Recommended by Zain Vawda Get Your Free GBP Forecast GBP/USD Fundamental Backdrop Sterling saw a bounce against the greenback yesterday snapping a five-day losing streak in the process. As much as markets would like to […]
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