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Two Years On, the ‘Flash Rally’ in the Bond Market Remains Unsolved

Excerpted Article from
Bloomberg Markets
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A shock that should only occur about one day every 4,800 years.

Two Years On, the ‘Flash Rally’ in the Bond Market Remains Unsolved

Two years since a burst of unprecedented volatility shook the $13.7 trillion U.S. Treasuries market, regulators still haven’t worked out what triggered it, let alone how to prevent a recurrence.
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