COLUMN-Italian bond shock uncorks yet another ‘low volatility’ bottle: McGeever
30 May COLUMN-Italian bond shock uncorks yet another ‘low volatility’ bottle: McGeever
Posted at 13:51h
in
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by KMFSLLP
LONDON, May 31 (Reuters) – The panic in Italian bonds this
week again exposed the risks associated with periods of
unusually low market volatility that lure traders into leveraged
bets on the calm persisting forever – and magnifying the blowout
when uncertainty rears its head again.
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