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Unusual Whales Pod #11: 2.6% GDP, the American economy at large, and risks in the Treasury market

Unusual Whales

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Are You Too Bearish?

Jim Boulden: I think we're too bearish for a couple reasons. One is that yields were at a point where we would probably see some kind of official intervention, at least somewhere in the world, to stop yields from continually to go higher. The second thing was that US investors will often be domestic-focused and could benefit from dollar appreciation. These things usually take a lot of play out as Bob has mentioned earlier.

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