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Bond Market Under Intense Stress

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“The Federal Reserve’s more rapid exit from crisis-era policies is set to place the $24 trillion US government bond market under extra strain, heightening concerns about the bedrock of the global financial system,” the Financial Times reports.

“The ease with which traders can get deals done in the Treasury market has declined to the lowest levels since the early days of the pandemic in March 2020.”

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About Political Wire

goddard-bw-snapshotTaegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.

Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.

Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.

Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.

Goddard is the owner of Goddard Media LLC.

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