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by nramos3
2649 days ago
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Perfect in layman’s terms. The Federal reserve keeps spewing the economy is so strong and nobody in the bond world is buying it, thus locking in the long term rates now (they’ll never admit a recession is coming, or blindly don’t know). It’s interesting to note the now 60% of bonds are now inverted, it was just 50% a day ago!!! Even if one was to say this is just one indicator look at Canada -50% inverted and housing bubble currently |
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