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Real Vision: Finance & Investing
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Bond Yields Going Higher - Or Crypto Needs to Go Lower?
Bond yields going higher all sounds like a financial market event until you see your mortgage statements and 30-ifx mortgages now at 7%. This is unprecedented rise in interest rates. What was already a rapidly slowing economy, this final leg up in bonds is the killer blow. And so we will see the economic data over the next few months utterly collapse. We will see the inflation narrative utterly collapse and we'll be left with the tatters.
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