Chart 2: As debt stock rises, participation of hedge funds in bond auctions also increases https://www.bankofcanada.ca/?p=248482 x Quarterly values 0.00323.75 0.39333.59 0.36320.68 0.62329.66 0.35320.37 0.88328.53 0.00324.83 0.00327.02 0.00320.36 0.00317.61 0.00314.20 0.00311.70 0.00317.17 0.00311.18 1.60308.68 0.00305.38 1.47309.20 0.00306.29 0.00302.34 0.00295.11 0.00297.61 0.00293.32 0.00287.48 0.00279.41 0.00282.61 0.14280.45 1.42278.67 0.64272.59 0.71275.35 1.25272.89 0.64273.29 0.59268.08 0.00268.82 0.00264.84 0.00264.37 0.00258.86 0.00262.02 0.00260.43 0.00258.67 0.42271.24 0.08302.65 2.16313.95 1.36339.14 2.77355.34 3.13373.99 0.86388.25 0.44397.41 0.98404.32 0.50419.94 1.17426.96 2.82429.69 4.74443.22 2.96449.11 2.42451.22 1.97454.67 5.65458.93 6.41468.51 3.75471.57 4.31473.58 6.77477.00 5.43470.76 4.50471.10 3.90478.70 6.81478.90 9.54484.63 7.71482.81 12.30489.17 10.55491.92 14.14500.50 13.90500.46 13.29509.03 13.96526.61 15.75532.02 16.50541.10 18.36551.37 15.51564.02 17.43569.10 20.00572.57 20.32567.70 21.04574.57 20.87573.09 22.35579.74 21.24585.47 22.82596.96 23.67589.97 21.37655.90 25.25726.94 23.15821.61 26.48867.47 26.88917.62 25.96959.36 21.031001.11 27.101015.65 25.781034.63 27.391028.71 25.411035.15 25.371018.99 26.541020.14 28.471001.75 29.081031.73 32.051060.07 31.951054.14 32.041076.07 29.871101.38