"the microstructure of the market is so broken you have a herd of elephants moving through a small door. Weird

"the microstructure of the market is so broken you have a herd of elephants moving through a small door. Weird things happen” @rbrtrmstrng with some pretty spooky stuff on US Treasury markets.
ft.com/content/101ad1… https://t.co/8WnryNWlhJ

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