By Daniel Lacalle*
How can a small rise in bond yields scare policymakers so much?
Ned Davis Research estimates that a 2% yield in the US 10-year bond could lead the Nasdaq to fall 20%, and with it the entire stock market globally. A 2% yield can cause such disruption? How did we get to such a situation?
Central banks...
How A Small Rise In Bond Yields May Create A Financial Crisis – Analysis
Eurasia Review
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