QE unwind won’t spur volatility, say quants
Bond-buying schemes have “almost zero” link to volatility of stocks, says Wolfe Research
After an intense burst of equity volatility at the start of February, fears have been stoked of more drama when central banks begin winding in their bond-buying programmes. Those fears are unfounded, according to some analysts.
Wolfe Research and UBS are among those questioning the idea that the quantitative easing (QE) retreat will produce a sustained bout of volatility.
“Much of the conventional wisdom may not necessarily be true. Few people have actually done a thorough statistical analysis
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