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Showing posts with label Volatility. Show all posts
Showing posts with label Volatility. Show all posts
Wednesday, April 12, 2017
Low Bond Volatility Not Surprising
The low levels of implied volatility in the bond market has attracted a fair amount of commentary. Although it seems reasonable to believe that volatility selling strategies have reduced market volatility, there's no fundamental reason to expect a big reversal (outside of another crisis).
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