The bond market today is 'not my grandfather's bond market'—it has been heavily infiltrated by hedge funds leveraged to 'front-run deregulation' of the supplemental leverage ratio (SLR), which would allow banks to act more like they did before Dodd-Frank, creating artificial demand for US Treasuries that may not be durable.
factualpending
Speaker
James ThorneEvidence Quote
“the bond market that we're dealing with today is not my grandfather's bond market and you have a lot of hedge funds playing out in that space and I think a lot of them were levered up to try to basically uh frontr run deregulation specifically the supplemental leverage ratio”
Created: 8/11/2026, 7:42:06 AM
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