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2021-11-10

More pain for hedge funds as leveraged investors unwind wrong-way bond market bets

 Traders were described as still stunned by the Bank of England’s Nov. 4 decision to hold off on a widely expected interest-rate hike, which earned Governor Andrew Bailey the unflattering label of “unreliable boyfriend” which was first applied to former BOE Governor Mark Carney in 2018. 

MarketWatch 9 November 2021

https://www.marketwatch.com/story/more-pain-likely-for-hedge-funds-as-leveraged-investors-unwind-wrong-way-bond-market-bets-traders-say-11636491751


Andrew Bailey governor Bank of England an unreliable boyfriend

John Authers Bloomberg 5 november 2021 

https://englundmacro.blogspot.com/2021/11/andrew-bailey-governor-bank-of-england.html


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