FedEx Proves the Fed Can’t Deliver a Soft Landing – Ep 841
The Peter Schiff Show Podcast
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Bond Yields Are So Low
The yield on a one year treasury bill, momentarily to day, touched four %. Now it closed at three spot nine 3. But that's almost four %. A year ago, i think the twelvemonth treasury bill rate was about 25 basis points and now it's 400%. That is a huge increase in the interest cost of servicing the national debt. People are losing more money now on bonds than they were back then.
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