Bonds' Liquidity Threat Is Revealed in Derivatives Explosion
By GCRU Gold News on Wednesday, June 18 2014, 10:15 - Permalink
The boom in fixed-income derivatives trading is exposing a hidden risk in debt markets around the world: the inability of investors to buy and sell bonds.
Inefficiencies in the $100 trillion market for bonds may make investors more vulnerable to losses when yields rise from historical lows.