Question: The opening paragraph of Chapter 29 describes a seeming paradox: bad news, in that the Purchasing Management Index fell, caused bond prices to rise. How
The opening paragraph of Chapter 29 describes a seeming paradox: "bad news," in that the Purchasing Management Index fell, caused bond prices to rise. How can you explain that?
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The Index fell unexpectedly Portfolio managers all over the world revise downward their expectations ... View full answer
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