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There's No Magic to Fed's 2% Inflation Target

What Goes Up

CHAPTER

The Craziest Things We've Seen in Markets This Week

Rick Reeder is BlackRock's chief investment officer of Global Fixed Income. He shares his thoughts on the craziest things we've all seen in markets this week. Rick: I would just say real rates at a 15 year high and equities don't care, that's pretty amazing. We did a trade yesterday where people follow the VIX index, but you can price option volatility at 9, 10 vol., he says.

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