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The Long Runway for Bond Shorts
What Goes Up
Is Rising Rates Going to Be the New Normal for the Bond Market?
Rising rates are going to be a brave new frontier where rising rates are here to stay. The narrative has shifted over time, but the cor issues related to inflation need to be solved before we can actually call it a wind. And i think that you're not seeing it in the commodity markets right now, but that's pretty typical,. So you see the commodity markets sometimes lead that process and then inflation is very insidious.
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