To Survive Disasters, You Need Smiles (guest: Steve Hou)
The Market Huddle
00:00
What Happens to Bond Yields When Treasury Supply Increases?
I think it's quite unclear what happens if the whole world tries to be Japan, right? I actually studied this exact question in my PhD research. And what I found is that historically, since end of World War II, bond yields responds more to treasury supply being forced to be held by the private sector when the stock bond correlation is more positive.
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