Not Really Wrong On Bonds

By |2017-08-02T19:57:56-04:00August 2nd, 2017|Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

It is often said that the market for US Treasuries is the deepest and most liquid in the world. While that’s true, we have to be careful about what it is we are talking about. There is no single US Treasury market, and often differences can be striking. The most prominent example was, of course, October 15, 2014. In truth, [...]