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Are Bonds Competition For Stocks (EP.297)

Animal Spirits Podcast

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T Bill Yields Are Rising, T Bills Are Short Term Assets

The highest average yields for 10 year treasuries and T bills is the 1980s, but it was falling. Investors care more about inflation than they do about rates, which seems surprising if you're thinking in terms of like textbook knowledge. So I would say inflation is probably going to be more important than interest rates this year If we go based on history.

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