Faculty News
Prof. Kim Schoenholtz on the US bond market
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Excerpt from US News & World Report -- "'The bond market is not imposing discipline on us as borrowers,' says Kim Schoenholtz, professor of management practice at NYU's Stern School of Business. 'Often countries are compelled to [consolidate] when markets charge them a risk premium. For the moment markets are not charging the U.S. a risk premium.'"
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