Sarah Breeden
ON THE RECORD · 4 verbatim quotes · every quote source-verified
“It's not the real money investors, the insurance companies and pension funds, in the way it used to be. It's increasingly hedge funds, and those hedge funds are price-sensitive, leveraged, international. That, of course, means that the likelihood of a shock in one market transmitting to another is greater than what it was.”
Sarah Breeden · said 2026-10-15 · reported 2026-10-18
Breeden explained that hedge funds, being price-sensitive, leveraged, and international, increase the likelihood of shocks transmitting across markets.
“The source of the shocks are bond markets, and the likelihood of a spillover is higher than it was,”
Sarah Breeden · said 2026-10-15 · reported 2026-10-18
Breeden said the source of the shocks is bond markets and the likelihood of spillover is higher than it was.
“One of the things that has become increasingly apparent over the last several years is that the investors in our core government bond markets globally have changed,”
Sarah Breeden · said 2026-10-15 · reported 2026-10-18
Breeden told CNBC's Sri Jegarajah in an interview that the investors in core government bond markets have changed over the last several years.
“greater than what it was,”
Sarah Breeden · said 2026-10-15 · reported 2026-10-18
Breeden told CNBC that hedge funds' increased presence in global bond markets makes the likelihood of a broader market shock greater than before.