Do hedge funds support liquidity in the Government of Canada bond market? https://www.bankofcanada.ca/?p=234297 Share Median ratio Cumulative excess return Share Other clients (left scale) Hedge funds (left scale) Bid-ask spread proxy of Government of Canada bonds (right scale) 28-13.7836 313.2424 230.0227 2-2.321 1611.6512 0.92 3.72 0.60 3.93-4.338.23 -1.76-1.2016.17 -3.09-2.3335.49 -11.917.5921.69 -6.360.8312.80