Top Links 790 Broker-dealers under pressure. Mayotte's demographic surge & the Antonine plague.

Great links, images, and reading from Chartbook Newsletter by Adam Tooze

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Since the GFC in 2008, the broker-dealer network in the US Treasury market has been increasingly swamped by the huge flow of new debt issuance. At higher levels of “balance sheet utilization”, illiquidity and the risk of a major m…