It looks like the IMF has finally gotten the memo, declaring in a blog post that government...
It looks like the IMF has finally gotten the memo, declaring in a blog post that government bonds are not the risk-free asset they once were. The main implication being that sovereign paper now assumes the characteristics of a credit instrument - the price mainly reflects probability of default.
From other sites
at Nasdaq.com (Mar 5, 2015)
at Nasdaq.com (Dec 5, 2014)
at Nasdaq.com (Nov 19, 2014)
at CNBC.com (Nov 20, 2013)
at MarketWatch.com (Sep 6, 2012)
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