Urgent Message for UK to Wake Up to Ticking Timebomb - An Overview
The likely scale in the crisis was made clear to BoE governor Andrew Bailey in an email from an LDI supervisor on Wednesday, titled “urgent message” as being the gilt market place rout was nearing its height.The Bank of England is stressed to tighten its scrutiny more than the “time-bomb” hedging tactics of pensions funds following its £65