Peak Inflation Was Transitory – Ep 818
The Peter Schiff Show Podcast
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The Yield on a Tenyur Treasury Hit a New High for the Cycle to Day
Yield on the five year treasury surged all the way to close at three and a quarter. The only treasury security that hit a new high in yield and a new low in price was the 30 year. Why is the market already looking beyond the rate hikes to the rate cuts? It's because the markets know that the fed is going to have to hike rates more aggressively than they thought.
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