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Hedge funds and bond market liquidity dynamics at the onset of the 2026 Middle East conflict / Vincent Meh, Jabir Sandhu, Andreas Uthemann.: FB3-8/2026-42E-PDF

"We examine whether hedge funds and other asset managers contributed to illiquidity in the Government of Canada bond market at the onset of the war in the Middle East in early 2026. We find no evidence that they did. Hedge funds remained active participants in primary auctions, while the extent to which dealers could offset client transactions in secondary markets stayed within its typical range. Although hedge funds did reduce leveraged positions, their trading remained broadly consistent with their usual relativevalue strategies"--Abstract, page [4].

Permanent link to this Catalogue record:
publications.gc.ca/pub?id=9.966450&sl=0

Publication information
Department/Agency
  • Bank of Canada, issuing body.
TitleHedge funds and bond market liquidity dynamics at the onset of the 2026 Middle East conflict / Vincent Meh, Jabir Sandhu, Andreas Uthemann.
Series title
  • Staff analytical paper = Document analytique du personnel, 3110-9195 ; 2026-42
Publication typeMonograph - View Master Record
Language[English]
FormatDigital text
Electronic document
Note(s)
  • Cover title.
  • Includes bibliographical references.
Publishing information
  • [Ottawa] : Bank of Canada = Banque du Canada, September 18, 2026.
  • ©2026
Author / Contributor
  • Meh, Vincent, author.
Description1 online resource (11 unnumbered pages) : charts.
Catalogue number
  • FB3-8/2026-42E-PDF
Subject terms
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