Ellyn Thomps
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“there has been no more critical story in finance than what amounts to a slow-motion crash of this $24 trillion market. Many longer-term bonds that were issued just a couple years ago are now trading for a mere of 50 percent of their face value.
04:21 PM - Oct 19, 2023
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Ellyn Thomps
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In stock-market equivalents, that kind of decline would rate as a full-scale collapse — and this is a category of asset that is regarded by most investors as very safe. “

https://nymag.com/intellig...
04:21 PM - Oct 19, 2023
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