Tag Archives: ldi

Who Else Bought BlackRock’s LDI Swindle Products?

The recent collapse of the United Kingdom (UK) gilt market’s long maturities, which required Bank of England (BOE) purchases of tens of billions of pounds of long gilts to stem a Lehman moment, shined a spotlight on something called liability driven investing (LDI). Continue reading

Posted in Government Debt, MN Gordon | Tagged , , , , | 24 Comments