Investing
5% Bond Yields Did Not Trigger GFC: Debunking a Persistent Financial Myth
A common misconception links the 2007 financial crisis to the 10-year Treasury yield breaking 5%. Evidence shows underlying systemic issues were the...
#financial crisis 2 articles
Markets
Post-2008 Markets Assume Rescues, Distorting Risk and Returns
Post-2008 markets frequently anticipate government interventions, leading to significant distortions in risk assessment, asset pricing, and capital allocation. This persistent dynamic shapes...