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Dimon Drops Bombs, Powell Plays Defense, & Housing Still Hurts

The Higher Standard

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The Bond Vigilantes' Impact

This chapter delves into the role of bond vigilantes amidst extensive government borrowing during the COVID-19 pandemic, highlighting potential risks to the bond market. It connects the implications of treasury yield fluctuations to everyday economic factors like auto loans and mortgage rates, drawing parallels to past financial crises.

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