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by relaxing
473 days ago
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> The US can try to renegotiate or not pay, but that's an overt signal to investors that the US is not reliable and will result in the 10-year Treasury bond rate soaring The 10 year rate is not a force of nature. It is set at auction by investors who believe US t-bonds are a safer resting place than those of the economies that were destroyed by the nukes. |
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