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Twitter under Musk and Bonds, Bonds, Bonds!
After Hours
Is the Bond Market the Bedrock of All Financial Markets?
The bond market is central to the story that we're seeing, says Felix Salmon. It's like the bedrock of all financial markets because it's these supposedly riskless assets. If you don't get liquidity in those markets, if they stop functioning, "the world gets really crazy," he adds.
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