Bond Fund Volatility - Watch Out

Jeffrey Gunlock tweeted when a huge bond fund complex has noticeably outsized daily nav mark down amidst a fairly benign market environment watch out that happened today then another tweet leverage limits being reached by borrowing to meet redemption forcing sales to meet redemption beyond that limit. If one goes it typically is a cascading thing and does it make its way into the equity marketYeah probably it does at some point for jeff gunlock to say well i mean you know he chooses his words somewhat carefully there'll be people on this feed but of course they are because that's what they get paid to do. Carter Carter joins us from karzun known in yolmen's work coming to us from