Financial Times/Kate Duguid/3-30-2022
“Investors’ ability to trade US government debt has deteriorated to its lowest point since the ructions of March 2020, deepening worries about the world’s most important bond market as the Federal Reserve tightens monetary policy.”
USAGOLD note: Do you get the impression that there is something going on here that we do not completely understand? Is the Fed paddling madly against the bond market current? Or with it? Beware the black swan …… (More on this subject and related subject matter just above the Market Overview below.)
