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Just insane collateral market action today shows deflationary money is getting worse.

Eurodollar University

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Introduction

The 4-week Treasury Bill rate is below 3.5% down more than 20 basis points again today. The specter of deflationary money, a worse deflationary outbreak than last month, continues to rise. As I said, these things continue to happen not day after day, but enough days that you say at some point something is really going to break here.

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