One Bank Braces For Catastrophic “Rate Shock” As Liquidity Supernova Turns Negative
By Tyler Durden, Well, we are finally here: 2022 has arrived and the rate shock that BofA’s bearish chief investment strategist Michael Hartnett has prophetically been warning about arrived right out of the gate, and with a bang as both nominal and real yields spiked sharply higher in just the first week of 2022. And unfortunately, if Hartnett’s […]
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