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... ck market?

Hedge funds, pension funds, wealthy individuals, or corporations... those might come to mind.

But the “players” in the bond market are on a different scale.

Governments themselves sit at the table by default, and massive institutions—knowingly or unknowingly—have a foot in it as well.

That's due to the inherently stable nature of bonds.

So it's not unreasonable to think of them as just slightly riskier than deposits but with slightly higher inte ...

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Within the dream of the dreamer, the one who was dreamed of awoke.

… Borges

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