After the Free-Money Era | What Fifteen Years ofNear Zero Interest Rates Left Behind

For fifteen years, money was almost free. That era is over — but it did not leave cleanly. It buried weak points across the financial system that only show themselves when interest rates rise, and some are still waiting to surface.

#FreeMoney, #InterestRates, #ZIRP, #FinancialStability, #BondMarket, #Macro

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