Reflections on the rout

“Take a deep breath….everything will be okay.” This is something I find myself saying to my kids, who live so in the moment, that anything upsetting right now, might seem to them like it could last forever. Of course, usually within about 10 minutes they have completely forgotten about it and are happily playing again. But … More Reflections on the rout

Fixed income market (il)liquidity

A slightly different topic┬áto the usual today, sparked by the recent string of comments from the central bank policy world about risks of increased market volatility, in particular in fixed income (FI). For example, the BoE’s Financial Policy Committee (FPC) said in their latest meeting statement earlier today (here) that: The Committee remains concerned that … More Fixed income market (il)liquidity