Russia, Japan, and the Fed dumped, China hung in there…. But who bought?
Core CPI jumps the most since 2008.
Mopping up liquidity.
Go find someone else to regulate them.
How the “Yield Curves” Stack Up in central-bank manipulated bond markets.
When central banks distort the markets, risk disappears from view.
Good thing Russia never held as many Treasuries as China and Japan. The scenario would have been different.
Markets have a way of blowing this type of consensus out of the water.
“This emerging trend highlights just how much risk some investors are willing to take in the current environment.”
Even the last doves are coming around to more rate hikes.