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What the Fed’s Rate Decision Will Mean for Markets | Andy Constan

Hidden Forces

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The Effects of the Fed's Decision to Issue More Bills

Timothy Stanley: It's perplexing. The easiest way to issue a lot is something that people want a lot of and is very low risk. A dollar of bills is much easier to place in the market than a dollar of 30-year bonds. He says there are logical reasons why they may make that trade-off.Stanley: But regardless of the fact that we're paying this high interest rate, it doesn't change anything.

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