#133 Jim Bianco On Why The 10-Year Treasury Yield Could Hit 5.5%, Implications For Stock Market, And Concerns About The Bitcoin Spot ETF
The Julia La Roche Show
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The Current State of the Economy and Interest Rate Predictions
In this chapter, the hosts discuss the positive state of the economy, citing factors like the employment report and wage growth. They predict that inflation will remain around 3-4%, leading to upward pressure on interest rates, with a target of 5.5% by 2024. They further analyze the relationship between nominal GDP and long-term interest rates, expecting a 5.5% yield on the 10-year Treasury.
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