Behind The Markets Podcast: Andrew Okrongly & Ben Clissold
Behind the Markets Podcast
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Is There a Broader Industry Rethink of LDI?
I don't think the Bank of England would have stepped away if they thought was a reasonable probability that they've had to step back in. I didn't probably want that changes there is that those asset managers require less leverage higher, you know, amounts of collateral so that they can withstand larger rate moves. What you see there is most asset managers being very comfortable now with the levels of buffer that they're holding and those buffers are over order a magnitude of 300 or 400 basis points of move in the market. That gives the bank more confidence in what kind of moves we can withstand before anything has to has to be done about it.
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