Tokenised money market funds: pseudo-money

This article is an on-site version of our Unhedged newsletter. Premium subscribers can sign up here to get the newsletter delivered every weekday. Standard subscribers can upgrade to Premium here, or explore all FT newsletters Good morning. Yesterday President Donald Trump threatened Brazil, which the US ran a trade surplus of $24bn with in 2023, … Read more

Pension funds 💔 gilts

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. So intertwined are the gilt market and the structure of the UK pension system that it’s hard to understand one without studying the other. As Liz Truss will attest, failure to do so can lead … Read more