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Talk Your Book: Investing in Treasuries During a Debt Crisis

Animal Spirits Podcast

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The Fed's Influence on the Bond Market

The bond market is typically known as the smart money. Do you think it's harder to follow the bond market now in terms of macro signals because the Fed is so involved? I mean, if you look at new issues in the debt market, they're just not anywhere near what they were a year or two years ago. The investment banks, they've cut pretty heavily, but they hire fast and they fire fast.

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