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The Fed Put Isn’t Dead. It’s Just a Long Way Off.

Por: MarketWatch Business October 01, 2022

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As volatility explodes upward in bond markets, including in the U.S., where Treasuries are considered risk-free, market strategists are growing alarmed. “This is the equivalent of 2008 for bonds,” says George Goncalves, head of U.S. macro strategy at MUFG’s institutional client group, pointing to the leverage that financial institutions have layered on their bond portfolios, much as they levered up in the years preceding the financial... + full article



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