
#096 Michael Howell: It's Bonds, Not Banks, That Look Dangerous
The Julia La Roche Show
00:00
Understanding the Sell-Off in US Treasuries
In this chapter, they discuss the recent sell-off in US Treasuries and the impact on global financial markets. They explain the inverse relationship between bond prices and yields and the significance of liquidity in asset markets. The chapter predicts that the increase in yield and volatility may be temporary as the bond market adjusts to underlying pressures.
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