Friday’s links

  1. S&P 500 exits longest bear market since 1948; what next? – MarketWatch
  2. Traders raise bets on higher US interest rates – FT
  3. Stress at the edges (plus more on liquidity & hedging) – FT Unhedged
  4. Traders who missed rally put aside their qualms & dive in – Bloomberg
  5. JPM bond chief sees worrying echoes of 2008 in market calm – CNBC
  6. Democrats Push for Debt-Ceiling Overhaul Bill – WSJ
  7. Bonds Are Entering a New Era. How to Play It – Barron’s