The Credit Strategist

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No Way Out

www.thecreditstrategist.com

No Way Out

The Credit Strategist Blog

The Credit Strategist
Mar 15, 2023
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No Way Out

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This morning, more bad news on the bank front is causing money markets to sharply reset downward their expectations for interest rates later this year. This kind of panic is typical of the “shoot first, ask questions later” behavior seen during times of high financial anxiety. In my view, investors are getting ahead of themselves. While the possibilit…

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