It has been remarked that bond yields have recently priced in a "Lehman type" event, yet no such event has occurred. But that is to misconstrue both what happened in 2008 and what is going on now. . .
Read Full Article »It has been remarked that bond yields have recently priced in a "Lehman type" event, yet no such event has occurred. But that is to misconstrue both what happened in 2008 and what is going on now. . .
Read Full Article »