Bond market volatility next financial crisis?
It has been said that volatility in the bond markets will spawn the next financial crisis. It has been spiking over the last few months. All it would take is some kind of spook or catalyst like in China to spark it. The CEO of Blackrock seems to think so
http://www.bloomberg.com/news/articles/2014-12-09/severe-volatility-will-plague-bonds-without-overhaul-fink-says
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