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LT rates are up, and you know what that means: get ready for a flood of claims deficits that suddenly now matter. They don't (sadly), at least not for bonds, and we know they don't because not all the yield curve maturities are seeing selling. The one spot on the curve you always want to watch is sending another major warning, and it isn't too many Treasuries.
Video Length: 00:21:07
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