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Improper Risk Management

Schwab Network

English - March 13, 2023 20:21 - 7 minutes - 131 MB - ★★★★★ - 23 ratings
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"The U.S. Dollar price is falling even though it was poised to trade higher. Looks like people that are supposed to be risk managers slept through the bond duration part of their notes. Will President Biden hold them responsible? Treasuries are indicating that the Federal Reserve will be hands tied in the upcoming meeting. I cannot believe that there are people that could not hedge their duration risk," says Chris Robinson.