The Treasury Market Is the Fed’s Next Crisis

 

Backlink: THE EPOCH TIMES

The Federal Reserve’s next crisis is already brewing. Unlike 2008, where subprime mortgages froze counter-party trading in the credit markets as Lehman Brothers failed, in 2022, it might just be the $27 trillion Treasury market.

When historians review 2022, many will remember it as a year when nothing worked. Such is far different than what people thought would be the case.