Why are senior researchers and former officials urging the Fed to create a hedge fund bailout? At first, this seems to be about the Treasury market and concerns tied to March 2020. It doesn't take too long, however, to see what's really going on here. 

Eurodollar University's Money & Macro Analysis

Brookings Treasury market dysfunction and the role of the central bank
https://www.brookings.edu/articles/treasury-market-dysfunction-and-the-role-of-the-central-bank/

Bloomberg Fed Urged to Explore Hedge Fund Bailout Tool for Basis Trade
https://www.bloomberg.com/news/articles/2025-03-27/fed-urged-to-mull-a-hedge-fund-bailout-facility-for-basis-trades

OFR Hedge Funds and the Treasury Cash-Futures Disconnect 
https://www.financialresearch.gov/working-papers/files/OFRwp-21-01-hedge-funds-and-the-treasury-cash-futures-disconnect.pdf

FOMC Meeting Minutes March 15, 2020
https://www.federalreserve.gov/monetarypolicy/files/fomcminutes20200315.pdf

https://www.eurodollar.university
Twitter: https://twitter.com/JeffSnider_EDU