Franck Dixmier

GLOBAL HEAD OF FIXED INCOME AT ALLIANZ GLOBAL INVESTORS

New York Stock Exchange (NYSE), October 2022 : Markets are complacent; bad economic news is good news for the markets, which are wrongly anticipating less aggressive monetary policies.

The markets have lost their bearings

THE Move index, which measures the volatility of the US Treasuries markets, has reached its highest level since 2008. Having entered a...