Agent securities lenders say planned US counterparty credit limits and money-market fund reforms are driving them into high-margin trades.
Tag : money market funds
The prospect of a US downgrade or even a default is beginning to put pressure on money-market funds and raising the spectre of a liquidity crunch.
Regulators should tighten rules for hedge funds and money-market funds, says Karl Dasher, global head of fixed income at Schroder Investment Management.