We Have To Talk About The Bond Market
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Today's lackluster 20-year JGB auction has many wondering if there really is a demand issue for governments, especially after last week's 30-year UST sale (which really wasn't a big deal). It at least raises the question of whether or not a bear steepening in government bonds has ever happened before. Recent data from the US, as well as Japan, simply reinforce the uncertainty across financial as well as economic dimensions.
Video Length: 00:18:55
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Disclosure: This material has been distributed for informational purposes only. It is the opinion of the author and should not be considered as investment advice or a recommendation of any ...
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