(Bloomberg) — Suspicious minds on Wall Street can be forgiven for seeing all the hallmarks of an illiquid bear-market trap in the Tuesday stock rebound. In recent months trading conditions in equities and bonds have gotten worse as money managers struggle to buy and sell in size without moving prices, with echoes of the 2020 […]
Read MoreSigns of trouble are cropping up in the world’s largest, most liquid government-securities market, B. of A. rates strategists say. Large moves on very low volumes of Treasury inflation-protected securities, or TIPS, breakevens, a gauge of U.S. inflation expectations, are among the indications that the rates market is unsettled, the strategists say. “Collapsed” depth in […]
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