Media & NewsSeptember 17, 2020 by Jens Nordvig

Fixed income is dead, long live FX (Part II): A New Regime With Different Risk Characteristics

In early August we declared that ‘Fixed Income is Dead, Long Live FX’.  Over the past month, this view has become almost passé. There has been plenty of global media on the topic (here, for example). Meanwhile, the Fed’s embrace of AIT (along with extended forward guidance) mostly seals the…

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Media & NewsSeptember 17, 2020 by Jens Nordvig

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