Quant funds rocked as Treasury boosts buybacks and Moderna shares leap

Why it matters

The Treasury's boost to buybacks and the resulting volatility in quant funds represent notable market activity affecting trading strategies and momentum funds, but lack systemic or regulatory impact.

Sources

• Financial Times

  Quant funds rocked as Treasury boosts buybacks and Moderna shares leap

  Tumultuous session puts further pressure on momentum trades that have been unsettled since AI-related stock sell-off