The Price of Money - 700 Years of Falling, Can Interest Rates Keep Rising?
Money For the Rest of Us
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Factors Affecting Interest Rates and the Shift in Marginal Buyers
This chapter discusses the factors contributing to the increase in interest rates, including China reducing Treasury bond holdings, the Federal Reserve's lack of active bond buying, and government budget deficits leading to increased bond supply. It also explores the opinions of economists and the shift in the marginal buyer from central banks to private investors, resulting in an increase in the term premium.
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