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Beware of Misleading Trading in U.S. Treasuries
Why the combination of lower volatility and reduced trading volumes have some analysts worried about what the future holds for the Treasuries market.
Just because U.S. Treasuries look more and more stable doesn’t mean they are.
With trading volumes plunging, the lack of volatility may be more a result of the market becoming less liquid as the Federal Reserve hoards trillions of dollars of bonds and banks pull back from debt trading, not because there’s less risk.
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