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IPFS News Link • Bank of International Settlements

BIS Warns OF Bouts Of Extreme Volatility, As Market Undergoes "Paradigm Shift"

• zerohedge.com by Tyler Durden

The Bank of International Settlements is particularly good at two things in its periodic quarterly review update: i) stating the obvious, especially when it comes to summarizing the trader and market participants concerns at any given moment, and ii) having its constituent central bank members - after all the BIS is the "central banks' central bank" - ignore all of its warnings.

In its just released, latest report, the BIS continues to excel in both, when it lays out what it dubs a "paradigm shift in markets" and points out that unlike previous VaR shock episodes, most notably the 2013 Taper Tantrum, financial markets have been remarkably resilient to rising bond yields and sudden shift in outlook following last month's shock U.S. election result.


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