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The Price Of Uncertainty - Chris Joye

The Joe Walker Podcast

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The Coronavirus and the Effect of Technicals on Bond Prices

I thought the housing correction was about to finish. I said that a few months later in April, I thought the major bank senior bonds would be upgraded to double A minus. They're on what they're, they'll double A negative. But it took the coronavirus for us to see the whites of the eyes of that instrument and for fundamentals and fundamental risks to reassert themselves.

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