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 Markets under pressure: Major sovereign bonds and beyond

from CFA Chicago

Major sovereign bond markets are the cornerstone of the financial system. They not only provide a method for governments to raise funds but also offer low-risk, long-term assets for pension funds and insurance companies to invest in, serve as a yardstick for other asset prices, and give investors a means to hedge interest rate risks. Yet, their smooth functioning cannot be taken for granted. more


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