It's convenient to blame this week's market tantrum on interest rates. Convenient, but simplistic. The more complete answer is that nobody knows what drives short term volatility. Any or all explanations may have contributed to the turbulence.
It's convenient to blame this week's market tantrum on interest rates. Convenient, but simplistic. The more complete answer is that nobody knows what drives short term volatility. Any or all explanations may have contributed to the turbulence.
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