@MPelletierCIO It’s a concern, but not the only thing. Let’s not forget we (still) have one of the most civil societies in the world that ranks near the top of non-financial metrics. I realize that doesn’t get the same response on social media laden with foreign agitators stoking division.
@MPelletierCIO Maybe these hedge funds have not been scared into buying bonds like retail as they see economic, weakness ahead. What about pension funds, and insurance companies? They buy a ton of bonds to hedge their liabilities.