The Treasury market needs reform. Sep 2019 showed it. Mar 2020 almost took the world down. Feb 2021 worrying. Last

The Treasury market needs reform. Sep 2019 showed it. Mar 2020 almost took the world down. Feb 2021 worrying. Last week we had a 1st taper panic. We need reform. Yadev and Duffie point in the right direction. Or do we need formal public backstop?
adamtooze.substack.com/p/chartbook-49… https://t.co/3TumyNXDT0

related posts