What I'm seeing is they short bonds when BoE just told they'll buy them.
Are they willing to play against infinite balance sheet?
Clearly not a policy mistake or idiot manager then… market forced the hand of the BoE.
If Pension funds are leveraged, they’re literally playing with the retirees income.
Never heard any country allows that.
Never knew pension funds trading is just like mine
Remember the three "L" that's bad for you if taken in excessive
Ladies, liquor and leverage
I come from the future.
5