How bonds ate the entire financial system
The bond market is now facing one of its biggest tests in generations. Read more
Source: financialpost.com
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Bond market history: How bonds ate the entire financial system
If the global economy is a machine, and credit its fuel, then banks and the bond market are its twin engines. But we have done nothing to reinforce the bond market and that could be a bigger problem than anyone wants to admit.
Source: afr.com