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QVMS - Rates Outlook: The Liquidity Overflow Recedes
Invesco S&P SmallCap 600 QVM Multi-factor ETF
The year ahead will feel quite different to the year just gone.
As the price of liquidity is effectively the interest rate, any reduction in excess liquidity should place upward pressure on market rates, especially where liquidity shrinks.
So there are lots of moving parts for 2022, and many of them are conflicting.