The Great U.S. Treasury Jolt: Basis Trades, Bond Yields, or Global Investor Run?
Former Global Chief Economist for JPMorgan Chase & Current Keynote Public Speaker
Bond Trading Floor: Getty Images
The U.S. Treasury market—long considered the world's deepest and most liquid government securities market—encountered significant turbulence in April 2025, reminiscent of episodes from the Global Financial Crisis (2007-2008) and the early days of the COVID-…
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