US Treasury market’s brush with disaster must never be repeated

The US government bond market is akin to the investment world’s bomb shelter, a safe space where everyone can seek refuge when the rest of the financial system is exploding. 

In March, the bomb shelter itself started to rumble ominously. 

Robin Wigglesworth 21 September 2020

https://www.ft.com/content/be700784-19c9-4883-886f-02a11126f756



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