Markets Tumbling Markets Imperil Tech, the Dollar, and Private Equity By Finance.yahoo - September 23, 2022 0 110 FacebookTwitterPinterestWhatsApp Text size Japan has had to intervene to support the sliding yen for the first time since 1998, even as it tries to keep its interest rates low. Akio Kon/Bloomberg The world has been hooked on cheap money for years. Now we’re witnessing what withdrawal looks like. Lifting interest rates from nil has produced a historic crash in bonds, observes Bank of America’s strategy team, led by Michael Hartnett. This year’s losses rival the worst bond drops since the aftereffects of the two world wars… Read more…
