Bond market volatility is as high as it was in the 2008 financial crisis as the Fed accelerates the runoff of its $9 trillion balance sheet

MarketsInsider/Matthew Fox/9-14-2022

“The Federal Reserve has two big levers to pull in its bid to influence the economy and tame inflation, and while most investors are fixated on interest rate policy, the Fed’s balance sheet plans can have an even bigger impact.”

USAGOLD note:  Ned Davis Research worries about quantitative tightening and its spillover effect in the corporate bond and stock markets. Many experts believe that serious economic deterioration will force the Fed to pivot, but it could also arrive on the wings of a suddenly escalating credit crisis akin to the repo market meltdown in 2019. Beware the black swan……

The post Today’s top gold news & opinion first appeared on Today’s top gold news and opinion.

Leave a Reply

Your email address will not be published. Required fields are marked *