The disaster in the US Treasury market must never be repeated – Financial Times

The disaster in the US Treasury market must never be repeated – Financial Times

The US government bond market is akin to the bomb shelter of the investment world, a safe space for anyone to take refuge in when the rest of the financial system blows up. In March, the bomb shelter itself began to rumble ominously. T-bills are by far the largest and most traded fixed income securities […]

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