2min chapter

Behind the Money cover image

Why central banks are baffling investors

Behind the Money

CHAPTER

What's the Point of Holding Government Bonds?

Central bankers love being boring. They want to be as boring as possible. That's what they're trying to do here. And some of those bets have blown up in 20 22. You can't expecttant to be propped up by by policy makers any more. This this money that's gone in he system has to bleed out at some point.

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