While some may blame the past year's market volatility on China’s economic slowdown, falling commodity prices, or Brexit, this paper discusses the possible culpability of some overzealous monetary policies. Has the Fed been too hawkish? Are the aggressive policy steps taken by the BoJ and the ECB perhaps inflicting more harm than good? We also consider where policies are headed next and why this backdrop may be good for the bond markets.view more white papers
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