IMF warns of potential systemic threats from large hedge funds' control over U.S. Treasury futures market.

The International Monetary Fund (IMF) warns that a small group of large, highly leveraged hedge funds hold significant control over the U.S. Treasury futures market, posing potential systemic threats to the financial stability of the U.S. and the global economy. The IMF's Global Financial Stability report notes that these funds account for most of the short positions in Treasury futures. Their large bets on global stability could cause problems if they are wrong, stressing the broader financial system.