Crashing through barriers
Fixed income markets suggest regulators may have tested the financial system for the wrong stresses
(this article was originally published in the Financial Times Alphaville section on 5th May 2022)
In the original Jurassic Park film, Jeff Goldblum’s chaos theory mathematician has one of the film’s more arresting quotes: “Life will not be contained. Life breaks free, it expands to new territories, and crashes through barriers painfully, maybe even dang…
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