Signs of pain as easy cash era ends are growing
LONDON – The easy-cash era is over and markets are feeling the pinch from the sharpest jump in interest rate in decades. The collapse of U.S.-lender Silicon Valley Bank (SVB) in early March after heavy losses on its bond portfolio as rates climbed was a wake-up call for markets that monetary tightening will likely bring … Continue reading Signs of pain as easy cash era ends are growing
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