Why is so much weight placed into the bond market with respect to equity pricing? Who collectively sets this? And why is it thought to be so infallible, or that they know the future so much better than the equity market or the fed?
Why is so much weight placed into the bond market with respect to equity pricing? Who collectively sets this? And why is it thought to be so infallible, or that they know the future so much better than the equity market or the fed?
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