Is the Tech Rally Showing Cracks? With Peter Boockvar
Real Vision: Finance & Investing
00:00
The Unwind of the Great Financial Bubble
The 10-year yield is now at 4.15%. What's happening? I'm going to talk a big picture here and then I'll get more micro. The analysis on where long term rates would go was not just looking at US growth and inflation stats. It was the beginning of an unwind of the greatest financial bubble in the history of all those that being sovereign debt. And obviously, inflation was the trigger to begin that unwind.
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