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🧵 How stable are the financial markets?

Bond and stock markets have been volatile, with prices generally falling since the start of 2022. So far these changes have been orderly but our Financial Stability Review shows this could change unexpectedly ecb.europa.eu/pub/financial-st 1/2

🐦🔗: nitter.eu/ecb/status/159614462

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This volatility also presents challenges for investment funds, which hold small amounts of liquid assets. Their behaviour in a stressed market, where they need to sell assets to raise cash, may increase risks to financial stability. Read more ecb.europa.eu/pub/financial-st 2/2

🐦🔗: nitter.eu/ecb/status/159614462

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