MacroVoices #353 Luke Gromen: The Fed Is Headed For Difficult Decisions
Macro Voices
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Will There Be Demand for Treasuries?
There's always going to be buyers for treasuries. The question is, will the rate at which there will be sufficient demand given the global balance sheet situation? And is can the US government afford that rate? Once inflation gets to eight, it takes on average, I think seven to 10 years to get it back to two.
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