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Citi: Here Are Six Ways Central Banks Have Distorted Markets

Dysfunction rules the roost in developed-world credit markets, contend Citigroup Inc. analysts.
Bloomberg business news

Buchanan: 'Confused' Bond Markets Need Fed Clarification

Once upon a time, credit and economic fundamentals drove returns, investors preached the virtues of asset diversification, and market volatility spiked when macro risk rose.

Then central banks turned up.