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The Fed: Hedge-fund selling was not ‘primary driver’ of Treasury market turmoil, Fed study says

A man wearing a face mask takes a selfie at the Charging Bull statue. angela weiss/Agence France-Presse/Getty Images Hedge funds were not the primary villains of the turmoil in the Treasury market as the grip of the coronavirus intensified in March, according to a Federal Reserve report released Monday. While …

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