By Owen Sanderson
January 4, 2016, GlobalCapital
Liquidity worries come in several flavors. Investors worry about buying and selling bonds in size. Dealers worry about dwindling volumes and rising costs.
Central bankers worry about raising rates, collapsing prices, and liquidity mismatches. For the primary markets, price formation is the problem, while securities regulators worry about the mispricing which a slow-moving and opaque market allegedly conceals.
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