Dramatic price swings in the US Treasury market suggest dangerous spiral of lower liquidity -> greater volatility -> lower liquidity

Dramatic price swings in the US Treasury market suggest dangerous spiral of lower liquidity -> greater volatility -> lower liquidity
ft.com/content/3627d8…
Theme of Chartbook #157 on the Sep '22 bond market massacre
adamtooze.substack.com/p/chartbook-15… https://t.co/J7cXUK7zvX

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