The US Federal Reserve has pledged to buy Treasuries in unlimited quantities. The Bank of England has announced £300bn of purchases, while the European Central Bank plans to buy €1.35tn under its pandemic emergency purchase programme alone
Government bond traders and investors are reeling from a hectic start to 2020. Now they face an equally daunting prospect: a dead calm that wipes out trading opportunities for months to come.
Sovereign bond prices rushed higher when coronavirus struck markets in March, providing some much- needed
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