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Is ‘TINA’ causing a frothy fixed-income market?

Despite recent pullbacks, the fixed-income markets are at frothy levels, opine some, as investors caught between volatile stock markets and expensive fixed-income investments find there is no alternative, or TINA. “This is a “Sergei Bubka” bond market,” said Rahul Banerjee, founder of BondEvalue, a Singapore-based exchange that helps private bank clients buy and trade in bonds, referring to the former Ukrainian…

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