MarketWatch/Vivien Lou Chen/10-20-2022
“The world’s deepest and most liquid fixed-income market is in big, big trouble. For months, traders, academics, and other analysts have fretted that the $23.7 trillion Treasurys market might be the source of the next financial crisis.”
USAGOLD note: The pace is quicker and the volume louder on warnings about potential problems in the U.S. Treasuries market. Zero Hedge last week reported “ugly, tailing 20Y auction prices at highest yield on record as foreign buyers flee.” ……
