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Talk Your Book: Investing in Treasuries During a Debt Crisis
Animal Spirits Podcast
The Long-Term Curve Hasn't Moved as Much as It Should Have
The two-year and the 10-year, which have been going sideways since the middle of March, are both breaking out to the upside. Do you think that's because the market is now saying, okay, rates are going to be higher for longer? Or does it just mean economic data is still strong and maybe we're not going to recession? What do you think the bond market is?
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