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⚡IMPACT LEVEL 3 — NOTEWORTHY

Epstein File EFTA01149630: Ramaswamy, Forced and Vulnerable (DS9)

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A financial or economic excerpt mentioning Ramaswamy and JPM Fixed Income Strategists discussing 10-year rates and market dynamics. The document appears to be a fragment of a financial analysis or market report.

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Excerpt 1
According to Belton/**Ramaswamy**, JPM Fixed Income Strategists, the immediate impact on 10-yr rates is minimal, reflecting lack of forced selling as well
Excerpt 2
According to Belton/Ramaswamy, JPM Fixed Income Strategists, the immediate impact on 10-yr rates is minimal, reflecting lack of **forced** selling as well
Excerpt 3
The downgrade of the USA sovereign credit is coming at a **vulnerable** time for equities given the (i) recent 10% decline (in 10 days), (ii) downward revisions

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