(HedgeCo.Net) At the World Economic Forum in Davos this month, Ken Griffin emphasized that bond markets are signaling deep concerns about fiscal policy and sovereign debt risks — particularly in the United States.
According to Griffin, the recent Japanese bond-market sell-off — where long-dated yields spiked sharply — should be viewed as an explicit warning for U.S. policymakers to address fiscal imbalances and deficit spending before markets demand a price. He said that “bond vigilantes” — i...
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