Hints and tips:
...Specifically, when the Bank of England intervened last year to halt a disaster in the gilt market — where an underfunded government budget served as the spark for a tinderbox of pension leverage — the limited...
...“The market is cautious,” says Darrell Wheeler, head of structured finance research at S&P Global Ratings....
...But regulators remain concerned about the repo market’s tendency towards “fire sales”, where the assets underlying loans are sold off in a way that sparks a rapid pullback from other securities and funding...
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