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The Global Collapse In Bond Yields Is Bullish For Stocks

The Global Collapse In Bond Yields Is Bullish For Stocks

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The best news last week was the continuing decline in global bond yields, including the 10-year Treasury rate falling below 1.4% last Tuesday. If and when the Fed decides to raise key short-term interest rates, I don’t think they will be able to raise rates by much, since the federal debt has risen to $30 trillion.

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