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Fast Eddy's avatar

Keep an eye on this ... not only in the US... if buyers keep demanding higher yields... this has the potential to blow up the global economy

The Bond Market Is Fed Up with Fiscal Irresponsibility, Yields Surge

https://mishtalk.com/economics/the-bond-market-is-fed-up-with-fiscal-irresponsibility-yields-surge/

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woodchuck's avatar

There is a tremendous amount of normalcy bias in the system. As long as the barnyard animals don't panic and keep spending BAU can probably last a lot longer than some of us think it can. I already have a bucket list trip to Greenland scheduled for next summer.

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