Researchers revealed that hedge funds performed well during the turmoil in the UK market in 2022 because they only started buying UK treasury bonds shortly before the Bank of England intervened. On June 10, at a meeting between the European Central Bank and the US Federal Reserve in New York held in Frankfurt, Germany, the ECB and the New York Federal Reserve presented trading dynamics during the so-called debt-driven investment crisis. The crisis began after then-Prime Minister Liz Truss implemented a “mini-budget.”

Researchers revealed that hedge funds performed well during the turmoil in the UK market in 2022 because they only started buying UK treasury bonds shortly before the Bank of England intervened. On June 10, at a meeting between the European Central Bank and the US Federal Reserve in New York held in Frankfurt, Germany, the ECB and the New York Federal Reserve presented trading dynamics during the so-called debt-driven investment crisis. The crisis began after then-Prime Minister Liz Truss implemented a “mini-budget.”