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Wednesday, October 5, 2022

How Derivatives Ravaged the U.K. Bond Market | WSJ

https://youtu.be/evGCF3VlBeA

*Pension funds trading derivatives? Really, shouldn't the United Kingdom know better? I am American and I know this kind of trading is risky enough; retirement planning services such as a pension (even if it is a public or private pension) should own the physical underlying asset, not speculate per derivatives. (In this case I assume UK government bonds.)

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