Not exact matches
The issue of
bond market liquidity has been a consistent theme
over the past years or so with financial executives such as JP Morgan CEO Jamie Dimon, Blackstone CEO Steve Schwarzman, and Oaktree Capital's Howard Marks weighing in on the issue and generally pointing the finger at a lack of
liquidity exasperating moves in financial
markets.
But,
over time, the longer central banks create
liquidity to suppress short - run volatility, the more they will feed price bubbles in equity,
bond, and other asset
markets.»
The average investment - grade (high - yield)
bond trades on less than 32 % (36 %) of days
over the prior six months —
liquidity in corporate
bonds was considerably lower than in traditional listed equity
markets.
But as the Fed printed ever more money to buy
bonds, they created increasing amounts of
liquidity that ultimately spilled
over into global financial
markets beyond US equities and real estate.
Liquidity: Excellent The Vanguard Total
Bond Market Index Fund has
over $ 100 billion in assets and typically trades at a price that is very, very close to its NAV.
But as the Fed printed ever more money to buy
bonds, they created increasing amounts of
liquidity that ultimately spilled
over into global financial
markets beyond US equities and real estate.