Global regulators are increasingly concerned that their efforts to make banks more stable have concentrated systemic risk in the bond market. The concern now is what happens when there is a rush for the exit. FN investigates
FN Focus: Bond liquidity
The buyside has sharply increased its holding of bonds since the financial crisis, just as the sellside has abdicated its responsibility for facilitating those flows
Global regulators are increasingly concerned that their efforts to make banks more stable have concentrated systemic risk in the bond market. The concern now is what happens when there is a rush for the exit. FN investigates