Bond traders push back as BoE-backed leverage cap plan sparks concern

Bond traders in the UK and across Europe are warning regulators to think twice before locking in a new leverage rule. The Bank of England, with backing from global financial authorities, is pushing for mandatory minimum haircuts on repo deals involving government bonds. The traders, through the European Repo and Collateral Council, said the plan […] source: https://www.cryptopolitan.com/bond-traders-push-back-against-boe/