The ‘dumping’ by Russia CB was just a splash in the ocean. Feds have $4T to dump over time but I don’t see the perceived bond collapse!
If Russia is indeed a price maker, their action would have quicken a bond price collapse + gold massive rally like the 2011 experience. It hasn’t so they are just price takers.
@slange where do you live? My assumption assumes you are only in these third world for a cheap holiday.
