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A Tough Break (EP.278)

Animal Spirits Podcast

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The Bond Market Is Going to Sniff Out - Is the Fed Going Too Far?

The Bloomberg high yield energy index blew out big time in 2020 for reasons that are very obvious to everyone. I think at a certain point the bond market is going to break trend and rates are going to have to come lower. But I think that kind of has to happen because if interest rates keep rising and rising that no, I don't think that rates can keep rising stops can keep falling.

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