RT @HannoLustig: 3/Speculators may have less of an incentive to invest in learning about fundamentals in an environment where central banks decide to intervene based on the bond price. see beautiful JoF paper by @phlpbnd_bond and Itay Goldstein https://finance.wharton.upenn.edu/~itayg/Files/informationaggregation-published.pdf

🐦🔗: https://nitter.eu/lugaricano/status/1578222191283429378