4 ms·
Is that because the concept is bad, or because the conditions for it haven't been present in a while? https://www.cnbc.com/2018/02/09/bond-vigilantes-saddled-u
by fjsolwmv 8y ago
Is that because the concept is bad, or because the conditions for it haven't been present in a while?
https://www.cnbc.com/2018/02/09/bond-vigilantes-saddled-up-and-ready-to-make-a-comeback-ed-yardeni.html https://www.cnbc.com/2018/02/09/bond-vigilantes-saddled-up-a...
- mistermann 8y agoThose are two possibilities. Another is that the government is the biggest player in the bond market and has unlimited funds at their disposal that they can categorize as Other. But of course, that's illegal, so it would never happen would it. But at the same time, you and me will never, ever, hear from the bond vigilantes again.