Loading ...Not sure it’s a new problem, more that they have to keep it all looking good, because if it does start to unravel, they probably can’t stop it, as they have blown bubbles/created crowded trades all over the place. They are all short rates and PM’s, long the SM and Dollar, which are the Bubble trades now, with the Fed under their orders to intervene whenever, like tdy it gets dicey.
Then later when the investigations start as to why it all fell apart, they know people will go ape when they find what has been going on and hidden etc in the system, lynchings will be demanded.
They have to maintain the facade.
Saved By The Broken Euronext: Manic-Selling Becomes Panic-Buying In Global Bond, Stock Markets