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Bill Gross on the End of the Great Bond Bull Market

Odd Lots

NOTE

Influences on the Treasure Market: Foreign Markets, Demographics, and Globalization

Foreign markets now have a significant influence on the treasure market, thanks to globalization. Demographic changes, such as boomers spending their savings, also impact supply and demand. Powell is attempting to determine the appropriate interest rate to achieve 2% inflation, although it may be a challenging goal. Currently, Fed funds stand at five and a quarter to five and a half.

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