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EMPIRE: The Biggest Market Crash Since 2020, What Next? | Felix Jauvin & Quinn Thompson

The Breakdown

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Understanding Bond Market Liquidity and Federal Reserve Dynamics

This chapter explores the complexities of the bond market, focusing on the differences between off-the-run and on-the-run bonds and their liquidity during the March 2020 market freeze. Additionally, it discusses key indicators like SOFR and IORB and their impact on the Federal Reserve's monetary policy amidst ongoing high yield credit spreads.

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